China's industrial production growth dipped to its lowest since April 2009 last month, highlighting how government economic stimulus and revived consumer demand in Western economies are still not managing to arrest the nation's manufacturing decline.
Factories' output growth slowed to 8.7 per cent in April, year-on-year, a slight slowdown on the 8.8 per cent output increase seen in March.
Separate data out Tuesday showed Chinese retail sales increased by 11.9 per cent, year on year, in April. This was the slowest expansion in retail sector growth since December 2008.
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