China’s economy showing signs that slowdown may be extending
China's economy is facing a prolonged slowdown as industrial output and retail sales fell short of expectations in July. Government officials are under increasing pressure to implement fiscal stimulus measures to counteract weak domestic demand and external economic uncertainties.
A chemical fibre production line in Suqian. July factory output was lower than in June and missed a Reuters poll forecast. A chemical fibre production line in Suqian. July factory output was lower than in June and missed a Reuters poll forecast. Chinese economy China’s economy showing signs that slowdown may be extending Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates ever
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