China's Industrial Production Rebounds; Sales Fall At Slower Pace

China's industrial production rebounded and the decline in retail sales slowed in April, suggesting that the economy is recovering as coronavirus, or Covid-19 subsides. Industrial production grew 3.9 percent from the last year, reversing a 1.1 percent fall in March, data published by the National Bureau of Statistics showed Friday. Economists had forecast a moderate 1.5 percent growth.