China's economy slowed again in November as retail sales rose only 1.3 percent year on year, industrial production advanced 4.8 percent and fixed-asset investment contracted 2.6 percent in the January–November period, showing a fragile two-speed rebound driven by exports.Analysts including Zhiwei Zhang and Eswar Prasad said more sustained fiscal and structural steps are needed while the finance ministry plans to issue ultra-long-term sovereign bonds next year and correspondent Gianluca Modolo described a two-speed Beijing economy where weak domestic consumption is masked by strong external demand.