Data confirms China economy still losing steam
Investment, retail sales and factory output all missed forecasts in January, February and fell to multi-year lows
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Beijing
GROWTH in China's investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy is still losing steam and in need of further support measures.
The figures came a day after data showed deflationary pressures intensified in the factory sector in February, reinforcing expectations of more interest rate cuts and other policy loosening to avert a sharper slowdown in the world's second-largest economy.
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