China’s annual industrial output growth quickened to 9.3 percent in April, recovering from a seven-month low hit in March but still missing market expectations, data showed on Monday.
Fixed-asset investment, an important driver of economic activity, grew slower-than-expected at 20.6 percent in the first four months of 2013 compared to the same period a year ago.
Economists polled by Reuters had forecast annual April industrial production growth of 9.5 percent and a 21 percent rise in fixed asset investment in the first four months from a year earlier.
via Business feed http://www.scmp.com/business/money/market-snapshot/article/1236733/china-april-factory-output-93pc
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