BEIJING (Reuters) – China reported surprisingly weaker progress in retail gross sales and industrial output for April on Wednesday, including strain on Beijing to roll out extra stimulus because the commerce struggle with america escalates.

FILE PHOTO: Staff work on the manufacturing line at a manufacturing unit of automotive engine producer Energy Xinchen in Mianyang, Sichuan province, China March 28, 2019. REUTERS/Stringer/File Photograph

Clothes gross sales fell for the primary time since 2009, suggesting Chinese language shoppers have been rising extra frightened in regards to the financial system even earlier than a U.S. tariff hike on Friday heightened stress on the nation’s struggling exporters….



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