SpaceIDProtocol

#ChinaJulyOutputRetailInvestmentAllMiss China’s recovery stalls as consumption and production lose momentum. China’s economy lost momentum at the start of the second half, with industrial output and retail sales slowing 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, highlights China’s continuing 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 production rose 4.5% year-on-year last month, compared with 5.3% in June, according to data released Monday by the National Bureau of Statistics (NBS) $NVDAB $AAPLB $AAPL.US