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Soft China April investment, retail sales suggest economy losing steam

Reuters  |  BEIJING 

By Kevin Yao and Fang ChengBEIJING (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 while the pace of retail sales softened to a four-month low, suggesting a long-anticipated slowdown in the world's second-largest economy may finally be setting in even as protectionism is on the rise.The lone bright spot on Tuesday's activity data was industrial output, ...

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First Published: Tue, May 15 2018. 11:59 IST