China's August retail sales miss forecast while investment slump deepens, piling pressure on Beijing
China's investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance.
China's investment slump deepened in August, and retail sales growth slowed further. Industrial output, however, blew past estimates. According to CNBC, Beijing has warned of a supply-demand imbalance.
China's August retail sales missed forecast. The details of the slowdown in retail sales growth and deepening investment slump are reported by CNBC.
The reports do not provide information on any actions taken by Beijing in response to these economic trends.
Brief written by urgent.news from CNBC World, CNBC, The Economic Times - Economy, Times of India — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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