Weaker Retail Sales Loom Over China’s Economy

Weaker Retail Sales Loom Over China’s Economy
Laborers work next a wall bearing an advertisement at a shopping mall in Beijing on May 9, 2016. Kim Kyung-Hoon/Reuters
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BEIJING —China delivered a mixed economic report card for October on Nov. 14 as softening retail sales pointed to a consumption slowdown, despite a pick-up in industrial output and investment.

Taken together with weak credit data the previous day, the latest readings reinforced consensus views that the world’s second-largest economy will continue to cool in the next few quarters.