Business

China's Economy Slides Further

Updated 2026-06-16 02:25 UTC 1 source Negative

China’s retail sales fell for the first time in over three years, signaling a deepening economic slump. Urban investment also contracted more than expected.

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CNBC

China economy weakens further in May as retail sales post first drop in over three years

China's retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, adding to signs the economic slump deepened.

2026-06-16 02:21 UTC