Retail sales fell 0.6 per cent last month from a year ago, a worse-than-forecast drop that was their first drop since the reopening from COVID-19 lockdowns.

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.

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…