China's Jan-Feb output drops to 17-year low as slowdown persists
Industrial production rose 5.3% compared with 5.7% in December as trade woes, lower global demand weigh
Beijing
CHINA'S industrial output grew the slowest pace in 17 years in the first two months of the year as growth of the world's second-largest economy continues to suffer from its ongoing trade war with the US.
Industrial output rose 5.3 per cent in the January-to-February period, the National Bureau of Statistics said on Thursday as trade tensions combined with a drop in global demand continued to hamper consumer confidence and economic activity.
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Central banks will probably only cut half as much as they hiked