Posted inBeijing, China, Middle East, Shanghai, World

Robust China economic growth shows signs of fading in July

China’s strong economic growth showed visible signs of fading in July as lending costs rose and the gravity-defying property market cooled, though activity levels generally remained solid, propped up by a year-long construction spree. Industrial output, investment, retail sales and trade all grew less than expected last month, after the world’s second-largest economy put in […]