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Property woes offset activity data uptick in China's economy

A modest improvement in China's industrial and consumer activity in August could be tentative signs of green shoots in the world's second-largest economy, although indicators related to the beleaguered property market continued to struggle last month, extending downward pressure on ferrous and base metals.

Shi Weijun
Image: Unsplash/chuttersnap

Image: Unsplash/chuttersnap

Production and consumption in the world's second-largest economy rebounded more than expected last month, despite property weakness dragging down investment, which failed to spring back as expected, data...

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