China's economy slows again, adding pressure for policy response

BEIJING: China’s slowdown is deepening just as risks for the global economy mount, piling pressure on the authorities to do more to support growth.

Industrial output rose 4.4% from a year earlier in August, the lowest for a single month since 2002, while retail sales came in below expectations. Fixed-asset investment slowed to 5.5% in the first eight months, with the private sector lagging state investment for the 6th month.