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Economy

China factory output rise offers hope for COVID rebound

Retail sales fall 6.7% as virus curbs weigh on purchases

China's retail sales have been hit hard by COVID-19 lockdowns in major cities, including Shanghai, which kept many stores closed for weeks or even months.   © Reuters
CK TAN, Nikkei staff writer | China

SHANGHAI -- China's economic picture appears to have brightened after a string of data published Wednesday, including an unexpected rise in factory output, pointed to a modest rebound from punishing COVID-19 lockdowns.

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