China's economy shows mixed results in November, with retail sales up 3% but industrial growth stagnant.
China's economy showed mixed performance in November, with retail sales growing only 3% year-over-year, a slowdown from October's 4.8%. Consumers cut back on non-essential spending, while factory output rose 5.4%, nearly flat from the previous month. Property prices and home sales fell in most cities. Despite these challenges, the government aims for about 5% annual growth, with leaders promising more proactive measures to boost the economy.
4 months ago
118 Articles
Articles
You have 14 free stories remaining this month. Subscribe anytime for unlimited access.