Evidence of China's economic slowdown came as authorities unveiled plans to lift Shanghai's lockdown.
China's jobless rate rose to 6.1% in April, the highest level since the 6.2% peak seen in the early part of the Covid-19 pandemic in February 2020.
Chinese Premier Li Keqiang recently described the country's employment situation "complicated and grim" following the worst outbreaks of the virus since 2020.The hard life of a homeless Shanghai deliverymanRetail sales saw the biggest contraction since March 2020 as they shrank by 11.1% in April from a year earlier, according to China's National Bureau of Statistics.At the same time industrial production fell by 2.
There are no more positive cases reported outside of quarantine centres in Shanghai - and that was a key target. Despite claims that the majority of residents are free to roam, anecdotal reporting on the ground is very different.
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