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Weak housing market in China blights the other sectors as well

Published Thu, Oct 9, 2014 · 09:50 PM
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Beijing

SOFTER domestic demand probably pulled down growth in China's imports, investment and retail sales to multi-month or multi-year lows in September, raising questions about whether policymakers should do more to fight the slowdown.

Fading momentum worldwide would add to bets that the world's second-largest economy likely slowed in the third quarter, as its sagging housing market increasingly weighed on other sectors.

Retail sales likely grew at their slowest pace in about 31/2 years in September, rising 11.7 per cent from a year ago, a Reuters poll of economists showed.

Fixed-asset investment, one of the two biggest drivers of the economy alongside dom…

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