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China’s retail sales growth slows in latest blow to economic recovery

Summary:
[unable to retrieve full-text content]Retail sales growth in China slowed in November and fell short of expectations, data released on Wednesday showed, underscoring concerns raised by top decision-makers last week.Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 3.9 per cent in last month compared with a year earlier, down from the 4.9 per cent increase in October. This was below the estimate for a rise of 4.6 per cent, made in a Bloomberg survey of analysts.Industrial production, a…

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[unable to retrieve full-text content]
Retail sales growth in China slowed in November and fell short of expectations, data released on Wednesday showed, underscoring concerns raised by top decision-makers last week.Retail sales, a key measurement of consumer spending in the world’s most populous nation, grew by 3.9 per cent in last month compared with a year earlier, down from the 4.9 per cent increase in October. This was below the estimate for a rise of 4.6 per cent, made in a Bloomberg survey of analysts.Industrial production, a…

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