Wednesday, November 10, 2004 Bloomberg China's Industrial Production, Export Growth Slowed in October
China's industrial production growth slowed in October as government lending restrictions hurt sales of automakers including General Motors Corp. and exports flagged.
Production rose 15.7 percent from a year earlier after climbing 16.1 percent in September, the Beijing-based National Bureau of Statistics said on its Web site. Sedan car production fell 14 percent. Exports gained 29 percent, the smallest increase in nine months, the customs bureau said separately.
The figures suggest loan curbs ordered by Premier Wen Jiabao and slowing global demand are cooling the world's fastest-growing major economy. China's output growth still outpaced other Asian nations and economists including Joseph Lau say the central bank will probably raise interest rates further to rein in inflation.
Statistics: Companies: 641,900+, Trade Leads: 160,500+, Products: 104,300+, Contacts / Replies: 8,279,300+ There are currently 13979 users online browsing our B2B network. 8:59 GMT, Friday, May 17, 2024 Privacy Policy Important Notice! TradeHolding.com B2B Network does not provide an escrow service! Any member who asks you to pay for their products by Western Union to an agent of "TradeHolding.com B2B Network" is fraud and should be immediately reported to us. Do not pay anything to any member who states your money will be added to TradeHolding.com safety deposit account!
All Trade Leads / Offers / Products / Company Profiles / Images and other user-posted contents are posted by the user and Africa.TradeHolding.com and TradeHolding.com B2B Network shall not be held liable for any such content. However, TradeHolding.com B2B Network respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. For concerns, please contact us.