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.

December 16, 2024
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