China's Economic Recovery Stalls After Five Quarters
Slumping Consumer Confidence, Industrial Output
China's economy has failed to regain momentum after its worst performance in five quarters, with industrial output and retail sales remaining sluggish.
Sluggish Confidence, Economic Momentum
The latest indicators point to a loss of economic dynamism and signs of weakening confidence.
Manufacturing Expansion
Despite the overall slowdown, factory activity among private firms has expanded at its fastest pace in three years.
Unemployment Rate Declines
The unemployment rate has declined to 5.2% in April, suggesting some stability in the labor market.
First Quarter Growth
China's economy picked up pace in the first quarter, but growth remains unbalanced with a heavy reliance on manufacturing.
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