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Retail sales rose by a better-than-forecast 10.9 percent

Updated: Oct 19,2015 4:08 PM     english.gov.cn

Fixed-asset investment growth eased to 10.3 percent year-on-year in the January-September period, also missing market expectations. But retail sales rose by a better-than-forecast 10.9 percent.

Louis Kuijs of Oxford Economics said: “Continued downward pressures from real estate and exports caused GDP growth to drop. But robust consumption and infrastructure prevented a sharper slowdown.”

-- The Guardian on Oct 19