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  • China's consumption growth likely to slow further in 2019: commerce ministry

    From reuters.com

    Consumption growth in China is likely to slow further this year, a commerce ministry official said on Tuesday, adding that slower growth last year was due to periodic weak car sales and housing-related spending. However, retail sales this year would still be growing at a steady, relatively fast pace, Wang Bin, a commerce ministry official told reporters during a briefing.