Is China facing growth challenges? | In Focus podcast
b'On Monday, China said its industrial output expanded 3.8% in July compared with a year earlier, a tad slower than June\\u2019s 3.9% growth. Retail sales too rose a slower 2.7% compared with the 3.1% growth in June.\\nMedia reports quote analysts as saying that loan demand from the real economy remained weak. The country\\u2019s central bank cut rates with an aim to spur growth. Like the rest of the world, India\\u2019s northern neighbour faces challenges in terms of quickening inflation, growth challenges and the threat of flight of capital. To help us understand China\\u2019s imperatives, we have with us today, \\xa0Santosh Pai, Honorary Fellow, Institute of Chinese Studies (ICS), New Delhi.'