🚨 LATEST: 🇨🇳 China’s economic growth lost momentum in April as industrial output slowed and retail sales fell to their weakest levels in years. 👀📉
The world’s second-largest economy is facing mounting pressure from: ⚠️ Higher energy costs linked to the Iran war
⚠️ Weak domestic consumer demand
⚠️ Ongoing real estate and confidence issues
Industrial production and retail sales both missed expectations, raising fresh concerns about the strength of China’s recovery.
Markets are now closely watching whether Beijing responds with additional stimulus measures to stabilize growth. 📈
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