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China's Aug economic performance........>

CHINA PRESS
MNI (Beijing)
CHINA PRESS: China's Aug economic performance indicators, including fixed asset
investment, consumption and retail sales may remain weak, the Economic
Information Daily said in a report citing surveys of economists. Soft automobile
sales may help cap retail sales growth at 8.8%, while slower steel output may
weaken industrial output growth to 6.0%, the daily said citing Xie Yaxuan of
China Merchant Securities. Fixed asset investment may bottom out at 5.7% given
policy support indicated by the Politburo at the end of July, the daily said.
The government is expected to boost long-term capital in advanced manufacturing
to cushion impact of the downtown in traditional manufacturing, while increased
credit may help SMEs ease funding shortages, the daily said.  

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