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#ChinaJulyOutputRetailInvestmentAllMiss China’s recovery stalls as consumption and production lose momentum. China’s economy lost momentum at the start of the second half of the year, with a slowdown in industrial output and retail sales, as extreme weather disruptions and persistent weakness in domestic demand renew pressure on policymakers to step up stimulus measures. The disappointing data, after growth in the second quarter slowed to its lowest level in three and a half years, highlight China’s continued reliance on exports to offset sluggish consumption and investment, even as it faces obstacles such as U.S. tariffs and the conflict in the Middle East. Industrial output grew 4.5% year on year last month, compared with 5.3% in June, according to data released on Monday by the National Bureau of Statistics (NBS), falling short of a Reuters poll’s forecast for 4.8%.$NVDAB $AAPLB $AAPL.US