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

China's retail sales grew 2.7% in July compared with a year earlier, according to data released by the National Bureau of Statistics. Industrial production increased 5.3% year-over-year, while fixed-asset investment rose 3.2% in the first seven months of 2026. The figures mark a slowdown from June, when retail sales grew 3.5%.

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