China’s Industrial Output May Grow at Weakest Pace Since 1999
As exports cooled, China's industrial production probably grew at the slowest pace in nine years due to the slowing of the exports industry. Central bank Governor Zhou Xiaochuan says China needs to prepare for the worst case scenario. The decrease in production, mixed with labor disputes has increased social unrest within the nation. To meet these problems, there will presumably be more rate cuts and fiscal easing. China's leaders are holding an annual economic policy meeting in Beijing this week to consider a package of measures to boost consumption.
http://www.bloomberg.com/apps/news?pid=20601080&sid=aLOURSVyYk8Y&refer=asia
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