Expectations of a Sharp Slowdown in China's Industrial Production Growth During July

صحيفة الاقتصادية

Factuality

Ownership

China's industrial production growth is likely to have slowed sharply last month, with heavy rains disrupting factory and mine operations, at a time when the government intensified its efforts to reduce excess productive capacity. Official data scheduled for Friday are expected to show that industrial production increased by 6% in July on an annual basis, down from 6.8% in the previous month, according to an average forecast of 33 economies in a…