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China's economic activity slows in July as reforms begin to bite

Pace of fixed-asset investment slips to 8.1% in Jan-July from 9% in Jan-June period

BALANCING ACT: While China's consumption remains strong, investment and net exports are slowing.


CHINA's economic activity slowed in July, with investment growing at its slowest pace in more than 16 years in the year-to period, as the world's second-largest economy grappled with the painful restructuring of its older industrial sectors.

The pace of fixed-asset