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China’s Economic Momentum Loses Steam in April as Weak Domestic Demand and Energy Shock Weigh on Growth

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Key summary

2 min read
  1. China’s April data showed a sharp slowdown, with industrial output growth easing, retail sales nearly flat, and fixed-asset investment contracting.

  2. Weak consumer demand and a property slump outweighed some export strength, pointing to a softer post-pandemic recovery.

  3. Rising energy-related risks, including higher oil prices tied to the Iran conflict, added fresh pressure on the outlook.

  4. The figures suggest Beijing may need more policy support if domestic demand stays weak and external shocks persist.

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