Early signs hopeful for Zhu package

BEIJING yesterday claimed early success in the battle to cool its overheating economy. New figures showed a fall in the growth of industrial output, but the Government warned there was no sign of price rises easing.

Factories across the country turned out 286.3 billion yuan (about HK$383.6 billion) worth of goods last month - up 25.1 per cent over the same period last year, but down 5.1 percentage points on June.

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