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China's economy softens in August as Beijing continues to grapple with lagging demand

  • China’s economy softened in August, continuing a slowdown in industrial activity and real estate prices as Beijing faces pressure to increase spending.
  • The National Bureau of Statistics reported weakening industrial production, retail sales, and real estate activity compared to July.
  • Liu Aihua, chief economist, noted that demand remains insufficient domestically, and the economy faces multiple difficulties and challenges.
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CTV NewsCTV News

China's economy softens in August as Beijing continues to grapple with lagging demand

China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.

·Canada
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Associated Press NewsAssociated Press News

China's economy softens in August as Beijing continues to grapple with lagging demand

China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.

·United States
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abc Newsabc News

China's economy softens in August as Beijing continues to grapple with lagging demand

China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand

·United States
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Washington TimesWashington Times

China's economy softens in August as Beijing face pressure with lagging demand

China's economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.

·United States
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KIFIKIFI

China's economy softens in August as Beijing continues to grapple with lagging demand

BEIJING (AP) — China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand. Data published by the National Bureau of Statistics Saturday showed weakening activity across industrial production, retail sales and real estate in August compared to July. Liu Aihua, the bureau’s chief economist, said that demand remained insufficient at home, a…

·Idaho Falls, United States
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South China Morning PostSouth China Morning Post

‘Time running out’ for China to meet growth target as August figures falter

As China’s August economic metrics largely disappointed, analysts said the window to meet its annual growth target is closing fast.

·Hong Kong
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