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China factory output slows, retail sales pick up

Industrial output in China slowed last month as Beijing ordered factory shutdowns to ease pollution concerns around the APEC conference, but retail sales picked up speed.

The National Bureau of Statistics said industrial production in China slowed to a pace of 7.2 per cent year-on-year, versus forecasts at 7.5 per cent and falling from 7.7 per cent a month before. Still, this is a better figure than the 6.9 per cent growth registered in August - its lowest since 2008.

The slowdown will confirm broad predictions that China will struggle to meet its 7.5 per cent growth target this year.

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