China's August data points to continued slowdown

Beijing

CHINA'S industrial output and fixed-asset investment for August both came in below analysts' predictions, amid rising fears that the world's second-largest economy is heading for a harder landing than expected.

Industrial output, rose 6.1 per cent in August, the National Bureau of Statistics (NBS) announced on Sunday. That compares with an estimated 6.5 per cent, according to a Bloomberg forecast.