Workers engaged on an air-conditioner manufacturing line at a Midea manufacturing facility in Guangzhou, China.
Jade Gao | AFP | Getty Photographs
BEIJING — China reported information for July that got here in nicely beneath expectations as the actual property stoop and Covid controls dragged down development.
Retail gross sales grew by 2.7% in July from a 12 months in the past, the Nationwide Bureau of Statistics mentioned Monday. That is nicely beneath the 5% development forecast by a Reuters ballot, and down from development of three.1% in June. Inside retail gross sales, catering,…