Private consumption remained weak in April and high commodity prices continue to prove a headache for businesses. Photo: AP
China’s economic recovery under spotlight as weak consumption, slowing factory output expose ‘unsustainable’ first quarter growth
- Private consumption remained weak in April and industrial production slowed, showing vulnerabilities in China’s economic recovery
- New data showed some parts of the economy, particularly the services sector and retail, were being ‘held back’ by pandemic uncertainty
Private consumption remained weak in April and high commodity prices continue to prove a headache for businesses. Photo: AP
