BEIJING—China’s economic downturn deepened last month, hitting industry and consumers and raising the challenge for Beijing to arrest the slowdown next year while fending off a trade conflict with the U.S.Industrial production, weighed down by woes among automobile makers and in the property markets, slowed in November to its slackest point since early 2016, official data released Friday showed. Growth in retail sales dropped to its lowest level in more than 15 years.
Source: Wall Street Journal December 14, 2018 07:07 UTC