China gets boost in retail sales as export goods stay home, while tariffs hit factory output | Metals Mine

  • China gets boost in retail sales as export goods stay home, while tariffs hit factory output

    From bnnbloomberg.ca

    China’s economy managed a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of higher U.S. tariffs. Data released Monday showed retail sales rose 6.4 per cent from a year earlier, helped partly by promotions of products stranded as shipments were suspended due to higher tariffs. A major online shopping festival also helped entice consumers to spend more. The June 18 shopping extravaganza started last month, with online sellers offering discounts on many products. But factory output and exports still took a hit from the tariffs, even though many of the increases in ... (full story)

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Trader#9E78
Jun 16, 2025 12:59pm
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THIS IS GREAT!!
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