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China's economy loses steam as policymakers clamp down on debt risks

Data for factory output, investment, retail sales, property investment all show slowing growth in April

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"Slowing domestic consumption growth and softer external demand appear to have driven the slowdown in China at the start of the second quarter," Capital Economics' Mr Evans-Pritchard said.

Beijing

CHINA'S growth took a step back in April after a surprisingly strong start to the year, as factory output to investment to retail sales all tapered off as authorities clamped down on debt risks in an effort to stave off a potentially damaging hit to the economy.

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