Monday, August 14, 2017

China's DEBT_ China Data Show a Slowdown as Beijing’s Debt Crackdown Takes Hold

THE WALL STREET JOURNAL

ECONOMY - ASIA ECONOMY

China Data Show a Slowdown as Beijing’s Debt Crackdown Takes Hold

Efforts to curb property speculation and debt show in latest economic numbers


Updated Aug. 14, 2017 1:51 a.m. ET

BEIJING—Economic data out of China indicated a slowdown in July as Beijing’s crackdown on property speculation and rising debt levels started to filter through into the world’s second-largest economy.

The pace of Chinese industrial output, retail and housing sales, and fixed-asset investment decelerated in July from the previous month, according...

READ MORE: https://www.wsj.com/articles/china-growth-slows-as-beijings-debt-crackdown-takes-hold-1502687908


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