China economy weakens further in May as retail sales post first drop in over three years
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Source: CNBC
Published: 2026-06-16 12:08 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Economy & Finance, China, Business & Economy, Asia Pacific
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Snippet:
China's retail sales fell for the first time in more than three years in May while urban investment contracted more than expected, signaling deepening economic slump, according to data released Tuesday by the National Bureau of Statistics.
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