China’s Economic Slowdown Deepens as Spending, Investment and Property Slump

TLDR: China’s retail sales rose just 0.6% in July, while industrial output growth slowed to 4.5% from 5.3%. Fixed-asset investment fell 6.7% through July, worsening from a 5.7% contraction recorded in the first half. Property investment dropped 19.2% through July as new construction starts fell 24% and sales value slid 13.1%. China’s exports surged 23.9% [...]

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