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China's retail sales up 17.9% in Q1

China's retail sales up 17.9% in Q1

Write: Armen [2011-05-20]

China's retail sales increased by 17.9 percent in the first quarter over the same period last year, and totaled 3.64 tillion yuan ($533 billion), the National Bureau of Statistics (NBS) announced today.

March retail sales rose 18 percent year on year to 1.13 trillion yuan, the NBS said.