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China recovery faces pressure after April activity weak, youth unemployment rises

Por: ABC News World May 16, 2023

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BEIJING -- Chinese leaders face pressure to shore up a slowing economic recovery and generate jobs after consumer spending and other activity in April were weaker than expected and a survey found 1 in 5 young workers in cities was unemployed.Retail sales accelerated following the end of anti-virus restrictions in December but were below forecasts, official data showed Tuesday. Factory output edged down compared with March.Chinese economic... + full article



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