3Novices:Chinese economic figures fail to live up to expectations

China’s factory output slowed more than expected in July while investment and retail sales also disappointed, reinforcing concerns that the world’s second-largest economy was starting to lose some steam as lending costs rose and the property market cooled.
Factory output rose 6.4 per cent in July from a year earlier, the slowest pace since January this year, statistics bureau data showed on Monday.
Analysts polled by Reuters had predicted factory output would grow by 7.2 per cent in…
August 14, 2017 at 09:58AM
#3Novices #News #OnlineMedia #China 3Novices China


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