China’s 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. Photo: Bloomberg

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

  • Industrial production grew by 4.7 per cent in October, down from 5.8 per cent in September, and below analysts’ forecasts
  • Retail sales and fixed asset investment growth also declined in October, as pressure builds on Beijing to arrest the downturn in the economy
Topic |   China economy

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China’s 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. Photo: Bloomberg
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.