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Economy

China's retail sales miss forecasts as investment slump deepens

China's retail-sales growth slowed and missed forecasts in August while the country's investment slump deepened, CNBC reported. Industrial output, by contrast, exceeded estimates. Beijing has warned about an imbalance between supply and demand, adding pressure on policymakers as weakness in household spending and investment persists alongside stronger factory production.

Why it matters

The uneven data complicates Beijing's effort to rebalance growth toward domestic demand without weakening industrial momentum.

Sources

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