/1888PressRelease/ Burton Mills: China’s economy slows as authorities crack down on pollution and speculative financing.

With fixed asset investment, industrial activity and retail sales falling short of expectations last month, China’s economy slowed further as the government implemented a hard approach to factory pollution and debt risks.

Beijing is now in its second year of a program to decrease elevated levels of debt as the government is concerned that unsafe lending practices could endanger the economy.

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