China's April data: Retail sales up 2.3%, industrial production 6.7%

China's April data showed a 2.3% rise in retail sales, below the expected 3.8%, while industrial production increased by 6.7%, surpassing the 5.5% forecast. Fixed asset investment grew by 4.2%, lower than the expected 4.6%. Real estate investment dropped by 9.8%. Urban unemployment was at 5%. Retail sales during a recent holiday period grew by 6.8%. China plans to issue long-term bonds for strategic projects.