European stock markets are under pressure due to disappointing Chinese retail sales, which grew by only 3% in November, below expectations. This has dampened sentiment in both Asian and European markets, particularly affecting consumer stocks. Despite earlier optimism from China's fiscal policies, weak retail and trade data have led to declines in luxury and energy sectors. China's economy shows signs of fragile recovery, with mixed economic data and potential for improvement by 2025 if stimulus measures are effectively implemented. Teljes cikk (Euronews.com)