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Economy

China factory output and retail sales growth slow significantly

COVID-19 controls, chip shortages and pollution curbs disrupt activity

China's vehicle sales slid in July for a third consecutive month, partly driven by the global chip shortage.    © Reuters

BEIJING (Reuters) -- China's industrial output rose 5.3% in August from a year earlier, the weakest pace since July 2020, while retail sales growth also slowed significantly and missed expectations, official data showed on Wednesday.

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