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China’s economic recovery under spotlight as weak consumption, slowing factory output expose ‘unsustainable’ first quarter growth

Summary:
[unable to retrieve full-text content]China’s economic recovery remains disjointed and threatens to put the brakes on growth, analysts said on Monday, as new data showed activity across a range of sectors moderated far more than expected in April after a record expansion in the first quarter of the year.Private consumption was still weak last month while high commodity prices continue to prove a headache for businesses in the world’s second largest economy, economists said.The new data follows a warning last month from the…

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[unable to retrieve full-text content]
China’s economic recovery remains disjointed and threatens to put the brakes on growth, analysts said on Monday, as new data showed activity across a range of sectors moderated far more than expected in April after a record expansion in the first quarter of the year.Private consumption was still weak last month while high commodity prices continue to prove a headache for businesses in the world’s second largest economy, economists said.The new data follows a warning last month from the…

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