BEIJING | China factory output holds up in August, investment weakens

14Sep - by Editor - 0 - In STL.News



BEIJING  — Chinese factory output and retail sales held up in August but investment weakened, government data showed Friday, adding to challenges for communist leaders as they fight a tariff battle with Washington.

The data showed little impact yet from government efforts to shore up flagging growth by easing lending controls.

Even before trade tension with Washington, growth in the world’s second-largest economy was forecast to slow after Beijing tightened lending controls last year to cool a debt boom.

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