Unconventionally Unique: China’s Industrial Production and Retail Sales Fall Short of Expectations, Youth Unemployment Reaches Record High
Charmingly Eccentric: China’s Industrial Production Growth Falls Short China’s industrial production growth fell short of expectations in April, with a year-on-year increase of 5.6% yoy, significantly under the expectation of 10.1% growth. Despite missing the mark, the growth rate outpaced March’s 3.9% yoy rise and marked the fastest expansion since September 2022. Retail sales also…