China’s industrial output and retail sales declined in April, and the report says slower momentum could strain global supply chains and weigh on international markets.
China’s economy lost momentum in April as industrial output and retail sales declined, according to the report, adding to concerns about domestic weakness despite relatively resilient exports. The report says the slowdown, combined with ongoing pressure in the property sector, could hinder global supply chains, dampen international markets, and affect broader economic stability. The update reinforces concerns that softer growth in China could influence investor sentiment, trade flows, and risk assets, including digital assets.