Friday, July 09, 2004
Yahoo! News - China's Industrial Output Slows Again: "Growth in China's industrial output slowed for the fifth straight month in June as efforts to rein in dangerously fast economic growth appeared to be taking effect, the government reported Friday.
Industrial output grew at an annual rate of 16.2 percent, down from 17.5 percent in May and 19.1 percent in April.
Regulators have limited bank lending, restricted new permits for construction of steel mills and ordered a review of major construction projects. "
Industrial output grew at an annual rate of 16.2 percent, down from 17.5 percent in May and 19.1 percent in April.
Regulators have limited bank lending, restricted new permits for construction of steel mills and ordered a review of major construction projects. "
