China revealed fresh evidence on Sunday of slowing activity in the world’s second-largest economy, with sliding factory output and investment prompting fresh calls for Beijing to do more to prop up flagging growth.
According to official figures released by China’s statistics bureau, value-added industrial output rose 8.9 per cent in August from a year earlier, down from 9.2 per cent in July and the slowest growth since May 2009.
Investment in fixed assets increased 18.8 per cent from a year earlier last month, down from 20.4 per cent growth in July.
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