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China’s economic indicators continued to improve in April, pressure persists

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

China’s key economic indicators improved in April from the previous month as the economy continued to reopen from the coronavirus lockdown measures, although retail and investment remained weak amid sluggish demand.

However, with weak demand at home and abroad, China’s efforts to get the economy back to full speed are likely to remain slow, analysts say.

Industrial output grew by 3.9 per cent from a year earlier, after shrinking by 1.1 . . .

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