中國經濟

Output cuts spark fears over China economy

The cuts have come as anecdotal evidence from other companies suggests a surprising weakening of demand in October amid the global financial crisis and a local housing market slowdown.

Aluminium Corporation of China, the country's biggest producer, said last week it would cut production by 18 per cent and a senior executive was quoted in local media on Monday saying further cutbacks were possible.

Jinchuan, China's biggest nickel producer, said on Tuesday it was cutting its production target for this year by 17 per cent, while several of the country's biggest copper smelters have made large cutbacks over the past two weeks.

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