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

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
Topic |   China economy
Orange Wang
Orange Wang

Updated: 8:20pm, 14 Dec, 2018

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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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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.