China’s factory output, consumption highlight frail post-COVID economic recovery
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s April industrial output and retail sales growth undershot forecasts, suggesting the economy lost further momentum at the start of the second quarter and adding pressure on policymakers to shore up a wobbly post-COVID recovery. Tuesday’s batch of data, which also showed a decline in property market investment, does little to allay concerns about the outlook for the world’s second-biggest economy as […]