China's Retail Growth Stalls: November Figures Signal Economic Slowdown

China's retail sector reported a mere 3% year-on-year growth in November, a sharp decline from the 4.8% increase seen in October. This slowdown contrasts sharply with economic forecasts which had predicted a 4.7% rise. The latest data from the National Bureau of Statistics highlights a cooling in what was once a robust economic engine, signaling broader concerns about the vitality of the world's second-largest economy.

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