China July Industrial Output Growth Weakens to 17-Year Low

Published: 14/08/2019
China July Industrial Output Growth Weakens to 17-Year Low
Source: FINANCE.YAHOO.COM

(Bloomberg) -- China posted the weakest industrial output growth since 2002 and slumping retail sales in July, as a cyclical slowdown and trade tensions add to the case to roll out more stimulus.Industrial output rose 4.8% from a year earlier, retail sales expanded 7.6%, and fixed-asset investment slowed to 5.7% in the first seven months. While some seasonal effects likely compressed the data, all

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