China's retail sales fell 0.6% in May, marking the first monthly decline since December 2022, while industrial output rose 4.5% in the same month.

China's retail sales fell 0.6 per cent in May, marking the first monthly decline since December 2022, while industrial output grew 4.5 per cent.

China's economy showed increasing unevenness in May, with retail sales falling for the first time in more than three years while industrial output picked up pace.

China's retail sales fell 0.6% in May, marking the first monthly decline since December 2022, while industrial output increased by 4.5% year-on-year.

China's retail sales fell for the first time in over three years in May, while industrial output picked up pace.

China's retail sales fell by 0.6 per cent year on year in May, marking the first monthly decline since late 2022.

Hong Kong on Monday launched a public consultation for its five-year plan in a politically symbolic step that brings the special administrative region closer to mainland China's development approach.

China's economic growth is forecast to slow to 4.4% in 2027, down from 4.6% in 2026, due to a worsening real estate slump and persistent weak domestic demand, despite a boost from AI-related industries.

Standard Bank's Jeremy Stevens has highlighted concerns about China's economic growth, suggesting a potential downgrade to a 4% GDP threshold in Q2:26 due to factors like the real estate slump and weak consumer confidence.

China's retail sales for April increased by 0.2%, the slowest since December 2022, and are expected to slow to 0% in May from a year ago.

China's economy is experiencing a split, with AI-related chip demand boosting exports and inflation, contrasted by a worsening real estate slump and weak consumer spending.