Sep.14 — China’s financial system weakened additional in August. Retail gross sales development slowed sharply to 2.5% from a 12 months in the past, decrease than the 7% estimate in a Bloomberg survey of economists. Industrial output rose 5.3%, versus the median estimate of 5.8%. Jian Chang, chief China economist at Barclays Asia Pacific, discusses what the most recent figures say concerning the outlook for financial system and insurance policies. She speaks on “Bloomberg Markets: Asia.”
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