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Renewed slowdown seen in China data

It's not just exports that are troubling the Chinese economy.

New data show industrial production slowed in July to a year-on-year pace of 6 per cent, its weakest since April and down from 6.8 per cent in June (which was its best reading since December). Economists had anticipated a pace of 6.6 per cent.

Retail sales grew at a 10.5 per cent pace, missing forecasts and falling from the 10.6 per cent pace in June.

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