{"id":512069,"date":"2026-06-22T05:06:06","date_gmt":"2026-06-22T05:06:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/512069\/"},"modified":"2026-06-22T05:06:06","modified_gmt":"2026-06-22T05:06:06","slug":"china-retail-sales-fall-for-first-time-since-covid-lockdowns","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/512069\/","title":{"rendered":"China retail sales fall for first time since COVID lockdowns"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/economy\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Economy<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Reading slips 0.6% as household and business confidence weaken<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/06\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/3\/8.jpeg\" alt=\"20260616 China stats\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Beijing&#8217;s central business district:\u00a0China&#8217;s retail goods sales contracted in May, the National Bureau of Statistics reported on June 16,\u00a0as consumer confidence faltered last month. \u00a9 Reuters<\/p>\n<p>GLORIA LI<\/p>\n<p>June 16, 2026 11:28 JST<\/p>\n<p>Updated on June 16, 2026 12:39 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">HONG KONG &#8212; China recorded its first decline in monthly retail sales since the country emerged from COVID restrictions, highlighting the stark divide between weak domestic demand and robust exports in what economists describe as a K-shaped economy.<\/p>\n","protected":false},"excerpt":{"rendered":"Economy Reading slips 0.6% as household and business confidence weaken Beijing&#8217;s central business district:\u00a0China&#8217;s retail goods sales contracted&hellip;\n","protected":false},"author":2,"featured_media":512070,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,114,26184,113,15018,9945,61,60,172425,4674,16543,3322],"class_list":["post-512069","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-china","tag-covid","tag-economy","tag-fall","tag-first","tag-ie","tag-ireland","tag-lockdowns","tag-retail","tag-sales","tag-time"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/512069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=512069"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/512069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/512070"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=512069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=512069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=512069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}