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Subject China's economy skids as lockdowns hit factories, retailers

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Original Message [link to finance.yahoo.com (secure)]

Retail sales in April shrank 11.1% from a year earlier, the biggest contraction since March 2020, data from the National Bureau of Statistics (NBS) showed on Monday, a steeper decline than forecast in a Reuters poll.

Factory production fell 2.9% from a year earlier, dashing expectations for a rise and the largest decline since February 2020,

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