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Market Impact: 0.45
China's August retail sales miss forecast while investment slump deepens, piling pressure on Beijing
Source: CNBC
Economic DataConsumer Demand & RetailCompany Fundamentals
China's investment slump deepened and retail-sales growth slowed further in August, signaling continued weakness in domestic demand. Industrial output exceeded estimates, but Beijing warned of a supply-demand imbalance, underscoring the risk that stronger manufacturing production is outpacing consumption and investment.
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