The growth rate for industrial production fell to 5.4 per cent last month, the weakest pace since November 2008. Photo: EPA
The growth rate for industrial production fell to 5.4 per cent last month, the weakest pace since November 2008. Photo: EPA

China economy needs new stimulus plan after November data disappoints, economists agree

  • Industrial production, export growth rate, foreign investment, domestic consumer spending and weak car sales hit as trade war with the United States takes effect
  • Top officials including Xi Jinping will discuss policy for 2019 at next week’s Central Economic Work Conference in Beijing

The growth rate for industrial production fell to 5.4 per cent last month, the weakest pace since November 2008. Photo: EPA
The growth rate for industrial production fell to 5.4 per cent last month, the weakest pace since November 2008. Photo: EPA
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