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Economy News
China industrial output growth falls to 17-year low, more support steps expected

Growth in China’s industrial output fell to a 17-year low in the first two months of the year and the jobless rate rose, pointing to further weakness in the world’s second-biggest economy that is likely to trigger more support measures from Beijing. But a mixed bag of major data on Thursday also showed property investment was picking up, while overall retail sales were sluggish but steady, suggesting the economy is not in the midst of a sharper slowdown.

News Source:- https://www.reuters.com/article/us-china-economy-activity/china-industrial-output-growth-falls-to-17-year-low-more-support-steps-expected-idUSKCN1QV058