China's economic deterioration 'disturbing'

Hong Kong

CHINA'S economic conditions deteriorated across the board in the fourth quarter, according to a private survey from a New York-based research group that contrasted with recent official indicators that signalled some stabilisation in the country's slowdown.

National sales revenue, volumes, output, prices, profits, hiring, borrowing and capital expenditure were all weaker than the prior three months, according to the fourth-quarter China Beige Book, published by CBB International.