China's industrial production grew at slowest pace in 17 years in July as trade disputes with the US dampened manufacturing activity. Moreover, retail sales growth eased further, reflecting weak domestic consumption.
Industrial output growth eased to 4.8 percent in July from 6.3 percent in June, the National Bureau of Statistics reported Wednesday.
Production rose at slowest pace since 2002 and slower than the expected increase of 6 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com