China factory production growth slows
on 09/09/2012 15:23:13
The National Bureau of Statistics data released today suggests Beijing might need to launch more stimulus efforts to reverse a painful slowdown in the world's second-largest economy.
The year-on-year growth in August factory production was a slowdown from 9.2% in July.
The bureau says retail sales rose 13.2% year-on-year in August, which was 0.1% higher than the growth rate in July.