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    China's economic strain: Retail sales growth drops to three year low; factory output also fails to meet forecasts

    2 days ago

    China's economic recovery is losing momentum as consumer spending and investment faltered in November. Retail sales saw their slowest growth since the Covid period, while factory output and car sales also softened. This weak domestic demand, coupled with external risks, has prompted leadership to prioritize expanding domestic demand for the upcoming year.
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