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China's economic imbalance deepens as retail sales fall for first time in over three years - Reuters

China's economic imbalance deepens as retail sales fall for first time in over three years - Reuters

China's economic imbalance deepens as retail sales fall for first time in over three years Reuters

June 16, 2026 at 02:18 AM Original source
5 agencies covered this story

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Notable Quotes

"The weak retail sales data puts pressure on the government to consider policy measures to stabilize consumption. I still expect policy 'fine tuning' will come in July after second quarter GDP data is released."

— Zhiwei Zhang , Academic

"Several divides characterised the economy in May: the divide between domestic and external demand, the divide between AI and the traditional industries, and the divide between goods retail and services consumption."

— Xu Tianchen , Academic

"For full-year 2026, achieving the growth target of 4.5-5% won't be difficult, but soft domestic demand still warrants policy intervention in the second half."

— Xu Tianchen , Academic

"China still has ample room for investment in future, with new urbanisation, rural revitalisation, the development of 'new quality productive forces' and improvements in public services all requiring support."

— Fu Linghui , Academic

"While there are pockets of strength in tech and export-related industries, the broader economy is still struggling."

— Lynn Song , Executive

"Second-quarter GDP data looks to be weak, but not quite as weak as one would expect from April data."

— Yu Song , Executive

"Some companies are facing difficulties. But looking at the overall trend, the momentum of the economy remains overall stable."

— Fu Linghui , Academic

All Coverage

China's economic imbalance deepens as retail sales fall for first time in over three years - Reuters
Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxPX3JGYmVKZHJaWGJOM0hRU3hoRm5GWWhIN3NhS1pib29oMlR6UlJhMzM4Y2R0UWt0SG9BdUgwZmYxX3hxSVpwT0JiUDN2bmNLdno0TW1QNVh4MUw4OThfWE5PTUNqQVY3czBOdHZDMGxZQktGdVQ0RER1MlB0TFB6MFB0VldBMHdRS2JhVlJRTWdfZUVZZFNYMlFXcV9iaHBnTXRlNXpmWQ?oc=5" target="_blank">China's economic imbalance deepens as retail sales fall for first time in over three years</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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Moneycontrolvia ai

China's retail sales fell by 0.6% year-on-year in May, marking the first decline since 2022, as leaders struggle to boost domestic consumer activity.

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China’s Retail Sales Post First Annual Decline Since 2022 as Consumer Spending Falters in May
Kaohoon Internationalvia ai

Retail sales in China declined by 0.6% year-on-year in May, the first annual drop since December 2022, indicating faltering consumer spending.

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China's May retail sales fall for first time in over three years
MarketScreenervia ai 4 quotes 3 persons

China's retail sales declined by 0.6% in May, the first drop in over three years, highlighting economic imbalances amid industrial growth.

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China’s retail sales fall in May amid weak domestic demand, first decline in over 3 years
The Business Timesvia ai 3 quotes 3 persons

China's retail sales fell by 0.6% in May, the first decline in over three years, amid weak domestic demand and economic imbalances.

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