SUBSCRIBERS

China December factory growth eases as tough pollution measures bite

Beijing's crackdown on smog and a cooling property market are starting to weigh on the economy, but exports and services are picking up

Published Sun, Dec 31, 2017 · 09:50 PM

    Beijing

    GROWTH in China's manufacturing sector slowed slightly in December as a punishing crackdown on air pollution and a cooling property market start to weigh on the world's second-largest economy.

    The data support the view that the economy is beginning to gradually lose steam after growing by a forecast-beating 6.9 per cent in the first nine months of the year, but the findings did not appear to suggest a risk of sharper slowdown at this point.

    Share with us your feedback on BT's products and services