Chinese economy showed signs of recovery in May, pressure on labor market persisted, overall growth remained fragile
Chinese economy showed signs of recovery in May, pressure on labor market persisted, overall growth remained fragile

Chinese economy showed signs of recovery in May, pressure on labor market persisted, overall growth remained fragile

 

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China’s economy showed some signs of recovery in May, with industrial output back into expansion and retail sales falling at a slower pace, after Covid-19 restrictions eased and the government made all-in efforts to stem downturn risks. Analysts say that overall growth remained fragile and the government needs to introduce more supportive measures to sustain the recovery.

Industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by . . .

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