Sputtering growth engines cast shadow on full-year economic prospects
By Zheng Yangpeng | China Daily | Updated: 2015-08-13 08:15
Key China growth engines sputtered in July after a short-lived recovery in the second quarter, casting a shadow on its overall economic outlook for the coming months, according to the latest official data.
Industrial output, the main monthly measure of growth, expanded 6 percent in July from a year ago, down from 6.8 percent in June and ending a upward streak since March, the National Bureau of Statistics said on Wednesday.
Growth in fixed-asset investments excluding rural households edged down from 11.4 percent in the first six months to 11.2 percent in the first seven months, the slowest pace since 2000.
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