China's August Economy Slows Amid Weak Retail and Industrial Data

1 min read
Source: CNBC
China's August Economy Slows Amid Weak Retail and Industrial Data
Photo: CNBC
TL;DR

China's economy continued to weaken in August, with retail sales and industrial output growth falling short of expectations, and a rise in unemployment, reflecting persistent domestic demand issues and the impact of government measures against industrial overcapacity.

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