China's economy slows in May, firming case for more support

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China's economy slows in May, more stimulus expected

https://www.reuters.com/world/china/chinas-economy-slows-further-may-weak-demand-drags-2023-06-15/

China's economy stumbled in May with industrial output and retail sales growth missing forecasts.

China's economy slows in May, more stimulus expected
  • May data points to economic slowdown
  • Industrial output, retail sales growth miss expectations
  • Youth jobless rate hits record high
  • Property investment decline deepens
  • PBOC cuts key rates to revive demand