China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low

//China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low

China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low

Growth in China’s industrial economy fell sharply in October, as a broad-based slowdown in manufacturing was again clear in figures released on Thursday.Industrial production, a measure of growth in sectors such as manufacturing, mining and utilities, expanded by 4.7 per cent cent last month, down from 5.8 per cent in September. This was below analysts’ expectations of 5.4 per cent growth. September’s figure had rebounded from a 17-year low of 4.4 per cent, recorded in August.In another piece…

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By | 2019-11-14T02:00:58+00:00 November 14th, 2019|Business|Comments Off on China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low