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Latest data shows downward spiral in China’s economy

Kathmandu [Nepal], July 22 (ANI): With worsening economic imbalances, China’s economy continues to lose momentum. China’s retail sales in June fell to 3.1 per cent from a 12.7 per cent increase in May, according to the National Bureau of Statistics (NBS) report, Khabar Hub reported.
Disappointing June data, including low retail sales, falling export orders and slow industrial production indicate stalled economic recovery