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flag China’s October Economy Sees Mixed Signals: Retail and Industry Up, Property Weak, Unemployment Eases.

flag China's October economic data showed mixed results, with retail sales up 2.9% year-on-year and industrial output growing 4.9%, below forecasts. flag Fixed-asset investment fell 1.7% year-to-date, dragged by a continued property downturn, with investment down 14.7% and new home sales dropping 6.8%. flag The urban unemployment rate eased to 5.1%. flag Officials cited weak external demand and domestic competition but noted improving investment in emerging sectors and stronger supply-demand dynamics, affirming confidence in meeting annual growth targets despite ongoing structural challenges.

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