China Halts Youth Unemployment Data Release Amid Persistent Economic Slump

China's economic growth continued to slow in July with weak retail sales, industrial output, and exports.
The central bank cut key interest rates in an effort to boost lending and economic activity.
Youth unemployment hit a record high of 21.3% in June before data publication was suspended.
The suspension of age-specific jobless figures faces criticism over lack of transparency.
Further stimulus measures beyond rate cuts are seen as necessary to turn around weak consumption and the ailing property sector.