China: Economic imbalances deepen; retail sales fall for the first time in more than three years

China, the world’s second-largest economy, showed increasingly uneven trends in May, with retail sales falling for the first time in more than three years and investment declining, while industrial production rose, Reuters reports. Official data released on Tuesday point to a two-speed expansion, with factories benefiting from resilient exports, but domestic demand weakening amid years […] Read more

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