China’s latest activity data painted a mixed picture of the economy in May, with stronger factory output masking a sharp deterioration in domestic demand. Industrial production accelerated from 4.1% yoy to 4.5% yoy, beating market expectations of 4.2%y yoy and suggesting manufacturers continued to expand output despite slowing conditions elsewhere in the economy. The more […]The post China’s Retail Sales Fall for First Time Since 2022 as Domestic Demand Slumps appeared first on ActionForex.