Smoke billows from a factory on the outskirts of Shenyang, northeast China's Liaoning province. Photo: Reuters

China ‘yet to hit bottom’ as economic downturn plumbed new depths in October

  • October’s data has dashed the hope that the worst is behind the Chinese economy, with analysts suggesting tougher times lie ahead
  • Trade war with the US is a major impediment to investment and manufacturing, with ‘phase one’ deal offering no more than ‘optimism’
Topic |   China economy

TOP PICKS

Smoke billows from a factory on the outskirts of Shenyang, northeast China's Liaoning province. Photo: Reuters
READ FULL ARTICLE
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

TOP PICKS

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
READ FULL ARTICLE