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Slowdown in industrial activity leads to weakening of Chinese economy

Summary by City AM
China’s economy softened in August, extending a slowdown in industrial activity and property prices as Beijing faces pressure to ramp up spending to stimulate demand. Data published by the National Bureau of Statistics on Saturday showed weakening activity across industrial production, retail sales and property this month compared to July. “We should be aware that the adverse impacts arising from the changes in the external environment are incre…
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