Reported 25 days ago
Recent data reveals a slowdown in China's industrial output and retail sales, prompting experts to demand stronger stimulus measures to support the economy. Industrial output grew by 4.5% in August, marking the slowest pace since March, while retail sales saw only a 2.1% increase despite the summer season. The weakening economic indicators coincide with a decline in new home prices and rising unemployment, intensifying discussions around the necessity for immediate government action to stabilize growth.
Source: YAHOO