China’s retail sales, factory activity lagged in July

BEIJING – China’s retail sales and factory activity grew at a slower pace in July, official data showed yesterday, missing forecasts and highlighting persistent pressure on the world’s second-largest economy. The country’s leaders have battled sluggish spending in the domestic economy since the end of the Covid-19 pandemic as it threatens overall growth, even as... The post China’s retail sales, factory activity lagged in July appeared first on New Era .