China retail growth slows, agency calls for 2025 support – DW – 12/16/2024
Broadly positive Chinese economic data for November released on Monday also showed slower-than-expected growth of 3.3% in retail sales, much slower than in October and well adrift of the 4.6% forecast. The slowdown came as a surprise because Beijing has been working to boost stimulus programs and encourage consumption, as it braces for possible headwinds … Read more