China's factory output slows in April, 2009

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Old May 13th, 2009, 03:40 AM   #1
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Default China's factory output slows in April, 2009

China's industrial production growth from a year earlier slowed to 7.3 per cent in April from 8.3 per cent growth in March, providing more uncertainty over whether a Chinese recovery is under way.

The growth in factory output last month was less than half the year-on-year rate in April 2008 and analysts said most of the growth was a result of the government’s wide-ranging economic stimulus measures.

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