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China’s Spending Slowdown Deepens as Households Tighten Their Belts

China’s Spending Slowdown Deepens as Households Tighten Their Belts

The unexpected decline in retail sales underscored China’s growing reliance on exports to sustain economic growth as domestic demand continues to falter.

Source: https://www.nytimes.com/2026/06/16/business/china-retail-sales.html

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