China retail sales growth decelerated to 9.5 percent year-on-year in January and February, government data showed on Tuesday, as policymakers work to keep the world’s second-largest economy on a stable growth path, reports BSS.
Industrial output rose 6.3 percent on-year in the first two months of 2017, slightly beating the 6.2 forecast in a Bloomberg News survey. Fixed-asset investment, a gauge of infrastructure spending, rose 8.9 percent on-year in the same period.
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