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MNC execs on the ground dispute China's 7% growth

Slowdown being felt more acutely in sectors like banking, consumer goods production and commercial property

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Official retail sales data through August is still up more than 10 per cent from a year earlier, though signs are emerging that consumer spending is slowing, spooked perhaps by the summer's sharp declines in the stock market.

Shanghai

CHINA'S economy is officially growing at a brisk clip of 7 per cent, but many locally based executives at multinationals say they wouldn't know it from the performance of their businesses.

By China's standards 7 per cent is already the weakest annual growth in 25 years,

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