China retail sales grew at slowest pace in over a year
Retail sales in China grew last month at the slowest pace in over a year, official data showed Friday, highlighting the battle facing authorities鈥� efforts to counteract persistent consumer malaise. The world鈥檚 second-largest economy has been confronted with sluggish domestic spending since the end of the Covid pandemic, with a prolonged debt crisis in the property sector weighing on sentiment...
