Retail sales on the mainland grew only slightly in May after being affected by a government anti-corruption drive. Photo: EPA

Moody's says China growth as low as 6.5 pc paves way for economic reform

Ratings agency says central government's apparent policy of favouring stability over growth will gradually work out imbalances

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Retail sales on the mainland grew only slightly in May after being affected by a government anti-corruption drive. Photo: EPA
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