China's economy slows in May, firming case for more support

https://www.reuters.com/world/china/chinas-economy-slows-further-may-weak-demand-drags-2023-06-15/

  • May data points to economic slowdown
  • Industrial output, retail sales growth miss expectations
  • Youth jobless rate hits record high
  • Property investment decline deepens
  • PBOC cuts key rates to revive demand
13 points · 1 comments · view on lemmy.world

1 Comments

c2h6@lemmy.world · 3 pts · 3y

Does it have anything to do with less demand from the US I wonder? I know china's economy isn't just exports now, but still.