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China industrial output and retail sales rise in August

China, which grew at its slowest rate in a quarter of a century last year, shows encouraging signs in 2016, according to the latest government report. It said industrial production rose 6.3% y-o-y, while retail sales chalked up 10.6%.


CHINA'S industrial output and retail sales growth accelerated in August, government statistics showed on Tuesday, with both of them exceeding expectations in encouraging signs for the world's second-largest economy.

Industrial production rose 6.3 per cent year-on-year, the