China Retail Sales Up 10.2% On-year In July: Govt

China retail sales up 10.2% on-year in July: govt

BEIJING,(Pakistan Point News - APP - 12th Augst,2016) - China's retail sales rose 10.2 percent year-on-year in July, government statistics showed Friday, missing expectations in a disappointing sign for growth in the Asian giant. Industrial output in the world's second-largest economy rose 6.0 percent in July over the year before, the National Bureau of Statistics said, while fixed asset investment, a gauge of infrastructure spending, rose 7.5 percent in the first seven months of the year.