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China’s economy underperforms in October, but analysts say sentiment is improving
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Weaker global demand and new and frequent outbreaks of Covid-19 in China resulted in October’s poorer economic figures for the world's second-largest economy.
PHOTO: EPA-EFE
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BEIJING - China’s retail sector in October reported its first decline in five months as the country’s strict Covid-19 policies continued to weigh on consumption, while the jobless rate among youth remained high.
The beleaguered property sector continued its steep decline
