China Growth Slows as Weak Retail Sales Drag Economy

China’s economic growth fell to the worst pace in five quarters as retail sales slowed. The latest data piles pressure on Beijing officials to boost investor and business confidence at the Third Plenum, the twice-a-decade policy meeting which is happening this week.

Hang Seng Bank, China Chief Economist Dan Wang and Li Cheng of the University of Hong Kong’s Centre on Contemporary China and the World break down the numbers on “Bloomberg: The China Show.”

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