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China April investment, retail sales growth slows but factory output strong

Reuters  |  BEIJING 

BEIJING (Reuters) - China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its economic outlook even as policymakers try to navigate debt risks and defuse a heated trade row with the United States.Fixed asset investment grew the slowest since 1999 and the pace of retail sales softened to a four-month low, official data showed on Tuesday, suggesting a loss of momentum in the world's second-largest economy following generally soft readings in March.The lone bright spot was industrial output, which jumped more than expected as the automobile ...

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First Published: Tue, May 15 2018. 09:39 IST