Source: China – South China Morning PostChina’s economy showed signs of strain in July, with several headline indicators losing momentum amid a weakening of domestic consumption, headwinds from the US trade war and a prolonged property downturn.
Retail sales, a major gauge of consumption, rose by 3.7 per cent year on year in July, a decrease compared with the 4.8 per cent growth rate recorded in June, according to data released by the National Bureau of Statistics (NBS) on Friday.
The figures fell short of the 4.87 per cent growth…Read More