SHANGHAI -- China's May retail sales announced on Wednesday increased 12% year on year but came in below market expectations as the increase was largely due to a rebound from a steep decline driven by the COVID-19 pandemic.
Economy
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More Chinese youths reject pressures over work and family as futile
A delivery worker takes a break in Beijing. Many young Chinese see economic success as beyond their means regardless of virtues such as hard work, and reject the pressure-packed pursuit of a career and family. © Reuters
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