China’s industrial production slowed in April, retail sales missed expectations
China’s industrial production slowed in April, retail sales missed expectations

China’s industrial production slowed in April, retail sales missed expectations

 

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China's industrial production slowed significantly in April and retail sales missed expectations as officials warned of new problems affecting the recovery in the world's second-largest economy.

Industrial output increased 9.8 per cent in April from a year earlier, in line with forecasts but significantly slower than the 14.1 per cent growth in the previous month, showed data released by the National Bureau of Statistics on Monday.

Retail sales increased 17.7 per cent, much weaker than a 24.9 per cent uptick expected by analysts in a Reuters poll and . . .

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