Retail sales fell by 6.7 per cent last month. Photo: Xinhua
Retail sales fell by 6.7 per cent last month. Photo: Xinhua

As China’s economic slowdown moderates, analysts call for greater policy easing: ‘it will be a long haul back’

  • Industrial production rose 0.7 per cent in May from a year earlier, while retail sales dropped 6.7 per cent last month
  • Fixed-asset investments rose 6.2 per cent in the January-May period, while the surveyed jobless rate fell to 5.9 per cent last month

Retail sales fell by 6.7 per cent last month. Photo: Xinhua
Retail sales fell by 6.7 per cent last month. Photo: Xinhua
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