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China Retail Sales Sink To Weakest Growth Since 2022

China
International Business Times Fews App News Provider
Fews App Post Time Hace 12h

Retail sales rose just 0. 2% from a year earlier in April, the weakest increase since December 2022, according to data from China's National Bureau of Statistics. China's economy entered the second quarter on a weaker footing, with retail sales barely growing in April and factory output cooling more sharply than expected, pointing to a widening gap in the world's second-largest economy.

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