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.
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
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.