Beijing, Aug 17, 2026 (AFP) - China's retail sales, factory activity lagged in July

NAMPA / AFP

2026-08-17

China's retail sales and factory activity grew at a slower pace in July, official data showed on Monday, missing forecasts and highlighting persistent pressure on the world's second-largest economy. The country's leaders have battled sluggish spending in the domestic economy since the end of the Covid-19 pandemic as it threatens overall growth, even as exports and certain high-tech sectors boom. Beijing is targeting national growth of 4.5-5.0 per......

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