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China's Economy Slows as October Indicators Miss Forecasts

Reuters

   BEIJING - China's industrial output grew significantly slower than
   expected in October, as weakness in global and domestic demand and the
   drawn-out Sino-U.S. trade war weighed on activity in the world's
   second-largest economy.

   Industrial production rose 4.7% year-on-year in October, data from the
   National Bureau of Statistics released Thursday showed, below the
   median forecast of 5.4% growth in a Reuters poll.

   Indicators showed other sectors also slowing significantly and missing
   forecasts with retail sales growth back near a 16-year trough and fixed
   asset investment growth the weakest on record.

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