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CHINA’S ECONOMIC DATA PAINTS MIXED PICTURE On 16 September, China’s National Bureau of Statistics released data showing that home prices continue to fall and consumer spending remains relatively feeble. In contrast, new jobs were added and infrastructure investment, a tried and true means for government agencies to goose the economy, increased. Across 70 major cities,...

Economic output in Britain stagnated in the second quarter, compared to a 0.3-percent expansion in the first three months of this year. On 1 July, the U.K. economy was the same size as it was on 1 January, the Financial Times reported. The economy shrank by 0.6 percent in June, which economists attributed to a...