Thanks to trump, many chio bu will suffer.

[syed putra]

China’s retail sales weaken to worst since Covid as growth slows​

China’s retail sales weaken to worst since Covid as growth slows​

6 mins ago

Bloomberg
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Signs suggest the worst is yet to come, with loan growth slowing and investment suffering a puzzling slump recently.​

China’s economy is expected to slow next year after a strong 2025, amid rising protectionism and trade tensions beyond the US. (Reuters pic)
BEIJING: China’s retail sales growth was the weakest since Covid while investment slumped further, underlining growing risks to the economy after several months of deterioration.
Retail sales rose 1.3% in November from a year ago, according to data released by the National Bureau of Statistics on Monday. Economists surveyed by Bloomberg forecast the growth pace would stay at 2.9% for a second month.

Industrial production climbed 4.8%, down from 4.9% in the previous month. Fixed-asset investment shrank 2.6% in the first 11 months of the year as property investment continued to crater. The urban unemployment rate was unchanged at 5.1%.


China’s inability to revive consumer spending is exposing the economy to risks abroad, after it relied on foreign demand to propel growth despite the tariff war unleashed by President Donald Trump.

 

[Yuletide]

Good for Singapore consumers Cheaper goods will make its way here.

 

[laksaboy]

Don't blame Trump, blame Winnie for running China to the ground, undoing the few economic achievements from his predecessors.

 

[Eisenhut]

Information bubble la