China’s growth engines sputter as retail and investment hit in November

China faces mounting pressure to ramp up stimulus as new data shows its growth engines sputtering, with retail sales growth slowing for six straight months and investment showing renewed signs of strain in November despite recent policy support. The deceleration in consumption growth and the deepening property slump underscore the challenges Beijing faces in revitalising the economy heading into 2026. Retail sales, a key gauge of consumer spending, grew in November by just 1.3 per cent, year on...