Title: China’s retail sales rebound in March #

China’s retail sales witnessed a significant rebound in March, showing signs of recovery in the country’s consumption sector. In the first quarter, retail sales increased by 18.3% compared to the same period last year, surpassing market expectations. This recovery signals a strong rebound for the world’s second-largest economy. The growth in retail sales is attributed to the easing of COVID-19 restrictions, the recovering job market, and the rising consumer confidence. Analysts remain cautiously optimistic about China’s consumption outlook for the rest of the year.