China April retail sales growth slowest in 9 yrs

By The Manila Times

May 13, 2015 9:38 pm

BEIJING: Retail sales growth in China fell to 10.0 percent in April, authorities in the world’s second-largest economy said on Wednesday, missing expectations and the lowest for nine years.

Industrial output, which measures production at factories, workshops and mines, rose 5.9 percent in April, the National Bureau of Statistics said—also below expectations.

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