“China’s industrial-output growth unexpectedly slowed in July to a three-year low while investment and retail sales missed estimates, raising pressure on Premier Wen Jiabao to step up efforts to support expansion.
Factory production increased 9.2 percent in July from a year earlier, the National Bureau of Statistics said today in Beijing, below all 32 analyst forecasts in a Bloomberg News survey. Inflation cooled for a fourth month and producer prices fell for a fifth month, separate reports showed.”
If you enjoy the content at iBankCoin, please follow us on Twitter
