China industrial output disappoints economists
The latest figures for China’s industrial output are unmatched by any large Western economy. But analysts are disappointed nonetheless, viewing a small year-on-year dip as a sign of fatigue in the Asian country.
China’s industrial production measuring output at factories, workshops and mines rose by 7.2 percent year-on-year in November, the National Bureau of Statistics (NBS) reported Friday.
Economists warned that the figure marked the weakest growth pace since August’s 6.9 percent, concluding that together with other key indicators factory output was pointing to weaknesses in the world’s second-largest economy.
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Source News: DW