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China Industrial Output Recovers; Retail Sales Fall Less Than Expected

China's industrial production logged a mild recovery in May and retail sales fell less than expected with the gradual relaxation of pandemic-related restrictions, official data showed on Wednesday.

Industrial production rose 0.7 percent on a yearly basis in May, reversing the 2.9 percent fall in April, data from the National Bureau of Statistics showed. Production was forecast to drop 0.7 percent.

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by RTTNews Staff Writer

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