China’s Recovery Remains Unbalanced As Retail Spending Lags

China’s Recovery Remains Unbalanced As Retail Spending Lags

China’s recovery remained unbalanced in April, with industrial output and investment buoyed by strong exports and a hot property market, while retail sales missed forecasts. Industrial output rose 9.8 per cent in April from a year earlier versus the median estimate for a 10% increase. Retail sales expanded 17.7 per cent in the period, far slower than […]

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