China August factory output up 6.9 percent year-on-year, below expectations

China’s industrial output rose 6.9 percent in August from a year earlier, well below market expectations, the National Bureau of Statistics said on Saturday. Fixed-asset investment, an important driver of economic activity, grew 16.5 percent in the first eight months from the same period last yea…

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China August factory output up 6.9 percent year-on-year, below expectations