BEIJING – A string of economic data for China in July came in slightly lower than expectations, as widespread flooding disrupted business activity and continued economic restructuring and reform experienced growing pains.

The pace of fixed-asset investment slipped to 8.1 percent in the January-July period, the lowest growth in over a decade, from a 9-percent increase in the first half of the year, according to data released by the National Bureau of Statistics (NBS) Friday.

Growth of industrial production and consumption also softened. Value-added industrial output expanded 6 percent year on year in July, slower than the 6.2 percent increase for June. Retail sales growth eased to 10.2 percent after a rise of 10.6 percent the previous…

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