Economy

Chinas Economy Slows in April as Output Retail Sales Sharply Undershoot Forecasts

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Chinas Economy Slows in April as Output Retail Sales Sharply Undershoot Forecasts
China's economic growth lost steam in ‌April as industrial output and retail sales growth sharply missed expectations as the Asian powerhouse grappled with higher energy costs from the Iran war and sluggish domestic demand. Data from the National Bureau of Statistics (NBS) showed on Monday that fact...