China's factory output grew slower than expected, but consumption offers bright spot

China's factory output growth slowed to 5.8 percent in May, falling short of expectations due to ongoing trade war pressures, despite a temporary truce with the United States. However, retail sales offered a positive sign, surging 6.4 percent year-on-year, exceeding forecasts and indicating a potential boost from government initiatives. The nation faces challenges in domestic demand and property sector debt.