China's April growth slows as factory output, retail sales miss forecasts
Business Standard·- China's economic growth slowed in April, with industrial output increasing by only 4.1% and retail sales rising just 0.2%, significantly below expectations. - Factors such as high energy costs from the Iran war, weak domestic demand, and a drop in fixed-asset investment contributed to this downturn. - Economists warned that while exports held up, the ongoing property market downturn and rising input costs could further pressure the economy.