Yuan Touches 2-Week Low as Economic Growth, Factory Output Slow

China’s yuan touched a two-week low after data showed growth and factory output slowed, adding to signs Asia’s biggest economy is cooling.

Gross domestic product rose 7.5 percent in the second quarter from a year earlier, compared with a 7.7 percent gain in the previous period and matching the median estimate in a Bloomberg News survey, according to official figures today. A report last week showed exports unexpectedly contracted 3.1 percent in June, the largest decline since 2009. The U.S. and China ended two days of strategic and economic talks last week.