China National Bureau of Statistics (NBS) spokesperson:Geneva discussions benefit trade relations between China, USChina online sales promotions boosted retail sales in MayChina trade program boosts retail sales in MayMany uncertainties in the international environment, foundation of economic recovery needs to be strengthenedPolicy toolkit is well-stocked, has the flexibility to adjust macro policies according to changing circumstancesOverall level of prices still at a low level, which affects enterprises, employment and incomesThere is difficulty in recruiting workers in some sectors and a high level of pressure on employment for some groupsStill some pressure on maintaining stable employment, primarily due to the complex and changing external environmentComplex external environment impacts China labor marketDue to factors such as increased uncertainty in trade policies, it has been particularly challenging for China’s economy to maintain stable growth since the second quarterData is here:China Industrial Output May 2025 +5.8% y/y (expected 5.9%, prior +6.1%)Retail slaes growth in May was the fastest since December 2023 This article was written by Eamonn Sheridan at www.forexlive.com.