(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.The engines of China’s economy are spluttering, with exports falling, factory output slowing, investment growth at a record low and consumption coming off the boil.Industrial output rose 4.7% from a year earlier, versus a median estimate of 5.4%, data showed Thursday.Retail sales expanded 7.2%, compared to a projected 7.8% increase.Fixed-asset investment slowed to 5.2% in the first ten months. That was the lowest reading in comparable data back to 1998.The soft data underscored the need for a …read more
Source:: Yahoo Finance
