Business & Finance

China industrial production up 9.3pc in April

Published May 13, 2013 Updated May 13, 2013 05:52am

1 min

By Shoaib Ur Rehman

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BEIJING: Industrial output in China rose 9.3 percent in April, the National Bureau of Statistics said Monday, accelerating from March but below market expectations, underscoring sluggish growth momentum.

Retail sales were up 12.8 percent year-on-year in April, while fixed-asset investment rose 20.6 percent in the first four months of the year, the NBS said in a statement.

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