Jan

China Retail, Real Estate Slow More Sharply Than Overall Economy

The services sectors that account for the biggest chunk of China’s expansion slowed more sharply than the overall economy last quarter.

Growth in the retail and wholesale sectors slowed to 5.5 percent in the fourth quarter of 2018 from a year earlier, down from 7.2 percent at the end of 2017. Real-estate growth slid to 2 percent in the quarter, compared with the 5.9 percent pace a year earlier. Together, they make up almost a third of the services sector…

Categories : Real Estate

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China Retail, Real Estate Slow More Sharply Than Overall Economy

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