China's economy slows in May, firming case for more support

www.reuters.com

China's economy slows in May, firming case for more support

www.reuters.com

@mikehunt to

World NewsEnglish • 1 year ago

China's economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery.

May data points to economic slowdown
Industrial output, retail sales growth miss expectations
Youth jobless rate hits record high
Property investment decline deepens
PBOC cuts key rates to revive demand

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@c2h6
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3•1 year ago
Does it have anything to do with less demand from the US I wonder? I know china’s economy isn’t just exports now, but still.

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