Investment in China grows slowly in May

Source: Reuters
© Scanpix/Reuters
Chinese fixed asset investment rose 11.4% in the January-May period of the year, in comparison with the same period last year. The significant driver of the China's economy grew at a slowest pace in almost 15 years, while retail sales increased 10.1% and factory output went up by 6.1% last month. Both rates of growth remained relatively steady compared to the prior month.
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