China's economy shows signs of extended slowdown with weak July industrial output and retail sales
China's economy is experiencing a prolonged slowdown, with July data showing significant declines in industrial output and retail sales following an already weak second quarter. These concerning economic indicators are mounting pressure on the Chinese government to implement stimulus measures to revive economic activity in the world's second-largest economy.
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China’s economy showing signs that slowdown may be extending
China's economy is experiencing an extended slowdown, with July data showing significant declines in both industrial output and retail sales following one of the country's weakest quarterly growth rates on record. These deteriorating economic indicators are mounting pressure on the Beijing government to implement supportive measures to stimulate economic activity.
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