China retail sales pick up as Beijing looks to consumers to ease US trade pressure

Quick Summary:

BEIJING, March 17 — China’s retail sales growth quickened in January-February in a welcome sign for policymakers’ effort...

The NBS data showed home appliance and audio-visual device sales grew 10.9 per cent, compared with December’s 39.3 per cent jump.

Property investment fell 9.8 per cent in the first two months of 2025 year-on-year, after tumbling 10.6 per cent in 2024.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Consumer spending China retail Us tariffs China economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 13:45:06 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 889 words

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Sentences: 32 lines

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News ID: 27073551

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