China’s Economic Activity Slowed in November on Property Slump, Weak Consumption

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HONG KONG—China’s economic activity decelerated in November amid a prolonged property slump and sluggish consumption recovery, adding urgency for Beijing to step up efforts to support the world’s second-largest economy.

Leading indicators of consumption and investment activity weakened further from October, while factory production rose at a faster pace in November as a power crunch eased, according to China’s National Bureau of Statistics on Wednesday.