Conf call redux: does Kuehne + Nagel know its toys from its teus?
Yo bro, where’s the growth?
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By Alex Lennane
China has issued data showing its factory output weakened again last month, while economic growth fell to a six-year low of 6.9%. Retail sales, however, grew 11% on the previous year as Beijing tries to enthuse consumer-oriented industries. President Xi Jinping said last week the country aimed for at least 6.5% economic growth in the coming years – but there are concerns over the potential for job losses.
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