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China Retail Sales Jump While Industrial Growth Slows on Trade War Turmoil

  • China's industrial output grew 5.8 percent year-on-year in May while retail sales rose 6.4 percent amid trade war tensions.
  • This slowdown in factory output followed a faster 6.1 percent growth in April and resulted partly from the impact of US tariffs.
  • Retail sales growth benefitted from government-subsidized consumer goods programs and an early-starting major online shopping festival.
  • New home prices fell in 53 of 70 major cities, while investment in real estate development dropped 10.7 percent through May, indicating a prolonged property slump.
  • The data suggests mixed economic conditions with industrial growth hampered by trade tensions and retail demand showing temporary strength, while property weakness persists.
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Associated Press NewsAssociated Press News
+7 Reposted by 7 other sources
Lean Left

China gets boost in retail sales as export goods stay home, while tariffs hit factory output

China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of higher U.S. tariffs.

·United States
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ABC FOX MontanaABC FOX Montana
+21 Reposted by 21 other sources
Center

China factory output slumps but consumption offers bright spot

China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a

·Missoula, United States
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Breitbart broke the news in United States on Sunday, June 15, 2025.
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