China's factory output missed forecast in April

Note: This section contains information in English only.
Source: Forexfactory
China's factory production increased by 9.3% last month as compared to a March reading of 11.9% expansion, according to the national Bureau of Statistics. Experts predicted the factory output to rise by 12% in April on a yearly basis. Analysts claim that the slowdown was caused by weak domestic demand and difficulty in obtaining bank loans.

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