BUSINESSSEMAFOR
Chinese retail sales fall while industrial output rises
China's retail sales fell at the fastest pace in years in May, while industrial output rose, highlighting an economic imbalance. Analysts attribute weak domestic demand to a real estate market crash and cooling growth, with calls for a stimulus package countered by Beijing's debt concerns.
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- China economy weakens further in May as retail sales post first drop in over three years
- China's April economic data underwhelms, with retail sales growth slowing to lowest since 2022
- China’s economy shows signs of weakness in May