China’s Recovery Loses Some Momentum as Retail Sales Disappoint Again

Elvera Bartels

BEIJING—China continued to make on its post-coronavirus recovery in July, even though momentum cooled a little bit as difficulties at household and abroad piled up and Beijing eased off stimulus steps.

China’s factories continued to guide the recovery very last thirty day period, even though the 4.8% growth in industrial manufacturing from a year earlier, matching June’s enhance, undershot economists’ envisioned 5.% enhance, according to info launched Friday by the National Bureau of Data.

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