China retail sales, industrial production slow in August
Coronavirus
BEIJING Chinese retail sales and industrial production growth slowed in August, official data showed on Sept. 14, as leaders in Beijing seek paths to achieve growth targets despite consumers' reluctance to spend. More than a year and a half since abolishing strict COVID-19 measures that had dampened activity, the world's second-largest economy has yet to achieve a highly anticipated post-pandemic recovery. A prolonged debt crisis in China 's vast property sector, continued deflationary pressure
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