中國經濟

China's economy stabilising on two fronts

China's economy stabilised on two fronts in May, as industrial production and retail sales data each ticked up from a month earlier.

The annual pace of industrial output accelerated from a five-year low of 8.7 per cent, to 8.8 per cent, matching estimates.

The annual pace of retail sales climbed beyond estimates from 11.9 to 12.5 per cent, versus estimates at 12.1 per cent.

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