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China's May retail sales drop, economy weakens

China's May retail sales drop, economy weakens

Zara Bennett 1 day ago
China's economy showed further signs of weakening in May, with retail sales falling for the first time in over three years. Urban investment also contracted more than anticipated, according to CNBC. These figures indicate a deepening economic slump in China, raising concerns about global economic stability.
United States

China's May retail sales drop, economy weakens

Zara Bennett 1 day ago
China's economy showed further signs of weakening in May, with retail sales falling for the first time in over three years. Urban investment also contracted more than anticipated, according to CNBC. These figures indicate a deepening economic slump in China, raising concerns about global economic stability.
United States
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