China's economy slows further in July as retail sales barely grow, investment slump steepens

AI Summary

China's economy experienced further slowing in July with barely growing retail sales and a steepening slump in investment. This slowdown raises concerns about the economic health of the world's second-largest economy amid supply-demand imbalances.

The data is reinforcing concerns about the health of the world's second-largest economy, which has grappled with a deepening supply-demand imbalance.