Retail sales and industrial production grew by 12.4 per cent and 8.8 per cent respectively in May from a year earlier. Photo: EPA-EFE Retail sales and industrial production grew by 12.4 per cent and 8.8 per cent respectively in May from a year earlier. Photo: EPA-EFE
Retail sales and industrial production grew by 12.4 per cent and 8.8 per cent respectively in May from a year earlier. Photo: EPA-EFE

China’s retail sales ‘bright spot’ amid uneven economic recovery

  • Retail sales and industrial production grew by 12.4 per cent and 8.8 per cent, respectively, in May from a year earlier
  • Fixed-asset investment grew by 15.4 per cent in the January-May period, while the surveyed jobless rate stood at 5 per cent in May, from 5.1 per cent in April

Topic |   China economy
Retail sales and industrial production grew by 12.4 per cent and 8.8 per cent respectively in May from a year earlier. Photo: EPA-EFE Retail sales and industrial production grew by 12.4 per cent and 8.8 per cent respectively in May from a year earlier. Photo: EPA-EFE
Retail sales and industrial production grew by 12.4 per cent and 8.8 per cent respectively in May from a year earlier. Photo: EPA-EFE
READ FULL ARTICLE