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China's economy skids as lockdowns hit factories, retailers
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dabrute |
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[ 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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