Industrial output growth eases to 17.3% in November
14 December 2007
Growth in China's industrial output growth slowed for the third consecutive month in November to 17.3%, AFP reported, citing state media. The deceleration in output is being attributed to an overall slowdown in export demand and central government efforts to curb bank lending were starting to have an impact. The industrial output growth figures for September and October were 18.9% and 17.9%, respectively. Despite the overall trend, growth in some sectors, like automobile production and non-ferrous metals, remained strong.
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