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Strategies & Market Trends : Greater China Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (7807)8/9/2012 7:13:45 AM
From: Julius Wong  Respond to of 8334
 
China Factory Slowdown Raises Pressure for Easing
By Bloomberg News - Aug 9, 2012

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.

bloomberg.com