Despite surge in exports, the economy remained under pressure in May, with first decline in retail sales seen since end of Covid lockdown in late 2022.

China's April retail sales grew just 0.2% YoY, the weakest since December 2022, as HSBC slashes its 2026 forecast and GDP growth projections fall.

China's total retail sales of consumer goods, a key indicator of the country's consumption strength, rose 1.4 percent year-on-year to 20.6 trillion yuan ($3.05 trillion) in the…

May figure misses expectations as fading stimulus, property slump stifle demand

China's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail sales falling for the first time in over…

China's economy faces deepening imbalances as retail sales fall for the first time in over three years amid weak demand.