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The August real economic indicators further confirmed a continuing deceleration growth amid the recent regulation storms as well as the Delta variant virus flare-ups in mainland China as industrial production, retail sales and fixed asset investment all tumbled.
The July real economic indicators further confirmed a continuing moderated growth momentum amid the recent regulation storms as well as the Delta variant virus flare-ups in mainland China.
The strong mobility restrictions implemented in the first part of January, which were extended in some cities, had a very negative impact on consumption, which fell 9.8% YoY in this month. On the other hand, the recovery of investment continues…
