China's Industrial Growth Slows, Retail Sales Bright Spot

New economic data from China reveals a mixed picture for industrial health, with industrial production growth falling short of expectations in October. Despite government support, producers grapple with sluggish domestic demand and rising trade tensions. However, retail sales show a slight uptick, driven by holiday spending and the start of Singles Day shopping event.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.