China's Exports Rebound in Q1, But Sustainability Questioned Amid Diversification Efforts by Trading Partners on Nostr: China's Economic Recovery Remains Weak as Retail Sales Beat Forecasts but Industrial ...
China's Economic Recovery Remains Weak as Retail Sales Beat Forecasts but Industrial Production Slows in May
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#82a19eb3 ver:0.32
China's economic recovery remains weak as retail sales beat forecasts, but industrial production slows in May. Retail sales climbed 3.7%, surpassing expectations, while industrial production rose 5.6%, slightly lower than the previous month. The steady expansion of retail trade is supported by an improving labor market, but challenges in the real estate sector and subdued domestic demand continue to weigh on business confidence. China's fiscal revenue fell 2.8% in the first five months of 2024, highlighting the need for greater fiscal stimulus. #China #economy #retailsales #industrialproduction...
#newstr #China #EconomicRecovery #IndustrialProduction #RetailSales #Investment #InterestRate #Consumption #BusinessConfidence #CreditGrowth #ManufacturingSector
https://here.news/story/82a19eb3?ver=0.32
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#82a19eb3 ver:0.32
China's economic recovery remains weak as retail sales beat forecasts, but industrial production slows in May. Retail sales climbed 3.7%, surpassing expectations, while industrial production rose 5.6%, slightly lower than the previous month. The steady expansion of retail trade is supported by an improving labor market, but challenges in the real estate sector and subdued domestic demand continue to weigh on business confidence. China's fiscal revenue fell 2.8% in the first five months of 2024, highlighting the need for greater fiscal stimulus. #China #economy #retailsales #industrialproduction...
#newstr #China #EconomicRecovery #IndustrialProduction #RetailSales #Investment #InterestRate #Consumption #BusinessConfidence #CreditGrowth #ManufacturingSector
https://here.news/story/82a19eb3?ver=0.32