China's retail sales fell at slower pace in May, hard-hit sectors show strong recovery

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China's retail sales declined at a much slower pace in May after people gradually returned to normal lives and the authorities rolled out a string of stimulus measures to boost consumption, although job losses and concerns over a second wave of infections have kept consumers cautious.

Retail sales of consumer goods declined 2.8 per cent in May from a year earlier, down for the fourth consecutive month and the drop narrowing for the third straight month, shows data released by the National Bureau of Statistics on Monday.

While the decline was slower than . . .

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