
BEIJING -- Slowing personal consumption in China during recent months leaves the nation's economy reliant on exports, a worrying prospect as trade frictions with the U.S. heat up.
China's retail sales of consumer goods rose 9.7% on the year in the January-February period, figures published Wednesday show. Coming on the heels of a 9.4% increase in December, sales growth remained in the single digits in consecutive reporting periods for the first time in about 15 years.