Pursuits
Chinese Factory Data Shows Weakest Start in Six Years
Workers package keyboards at the Logitech International SA factory in Suzhou, Jiangsu Province, China.
Nelson Ching/BloombergThis article is for subscribers only.
China’s economy is already behind target as monetary easing shows few signs of traction.
Industrial output, investment and retail sales growth missed analysts’ estimates in January and February, suggesting more stimulus is needed to boost the world’s second-largest economy. Bloomberg’s gross domestic product tracker, which draws on that data as well as measures such as electricity production, shows economic growth slowing to 6.28 percent in the period, the weakest pace since the start of 2009.