China's industrial production and retail sales grew less than expected in July, official data showed on Tuesday. Industrial production registered an annual growth of 3.
China's industrial production and retail sales expanded at faster rates in April but both missed expectations signaling that monetary policy easing might be needed to regain the strength experienced after the scrapping of zero-Covid policy.
China's economy rebounded at a faster than expected pace in the first quarter on robust consumption and industrial production, thanks to the lifting of zero-Covid policy.