China’s urban surveyed jobless rate stood at 5.7 per cent in November, up from 5.5 per cent in October. Photo: AFP
China’s urban surveyed jobless rate stood at 5.7 per cent in November, up from 5.5 per cent in October. Photo: AFP

China’s economy set for ‘painful, bumpy’ road amid zero-Covid exit as November retail sales plunge

  • Industrial production rose by 2.2 per cent in November from a year earlier, but retail sales fell by 5.9 per cent last month
  • Fixed-asset investment rose by 5.3 per cent in the January-November period, while the surveyed jobless rate stood at 5.7 per cent last month

China’s urban surveyed jobless rate stood at 5.7 per cent in November, up from 5.5 per cent in October. Photo: AFP
China’s urban surveyed jobless rate stood at 5.7 per cent in November, up from 5.5 per cent in October. Photo: AFP
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