China's industrial production picked up in November, retail sales slowed significantly amid Covid-19 resurgence

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China's industrial output picked up in November driven by stronger energy production and falling materials costs, but growth of retail sales slowed significantly due to containment measures to fight the latest COVID-19 outbreaks.

Retail sales grew 3.9% last month from a year earlier, slowing from the 4.9% gain in October, according to data released by the National Bureau of Statistics on Wednesday. This was below the estimate for a rise . . .

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