BEIJING Retail sales and factory activity in China slowed last month, official data showed Friday, highlighting the uphill battle facing authorities battling a persistent consumer malaise in the world's second-largest economy. Beijing has been confronted with sluggish domestic spending since the end of the Covid pandemic, with a prolonged debt crisis in the property sector weighing on sentiment. Many economists argue that China must shift to a growth model driven more by consumption than

Tag-uri: Coronavirus