China's latest data shows soft economic underbelly

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China's latest data shows soft economic underbelly
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BEIJING — China's factory output growth slowed in October and it was still too early to call a turn in the crisis-hit property sector even though consumers perked up, keeping alive calls for Beijing to top-up its recent blitz of stimulus to revitalize the economy.

BEIJING — China's factory output growth slowed in October and it was still too early to call a turn in the crisis-hit property sector even though consumers perked up, keeping alive calls for Beijing to top-up its recent blitz of stimulus to revitalize the economy.

The NBS said sales of home appliances surged 39.2 percent in October, driven by the consumer goods trade-in campaign.Fixed asset investment rose 3.4 percent in the January-October period year-on-year, versus an expected 3.5-percent rise. It grew 3.4 percent in the January-September period.China stocks slipped after the data while the yuan was down on Trump woes.

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Latest Data Shows Soft Economic Underbelly

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