China's industrial production, retail sales, investment slowed in May, economic recovery starts to rebalance

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Growth in China's industrial output slowed for a third consecutive month in May and the growth of retail sales and investment also came in below expectations, but analysts say underlying economic activities are moving in a move even direction.

Chinese industrial output increased 8.8 per cent in May from a year earlier, slowing from the 9.8 per cent in the month before, showed data released by the National Bureau of Statistics on Wednesday, missing a 9 per cent gain expected by analysts in a Reuters poll.

Among the three major sectors, output . . .

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