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China Data Show Economy Cooling

China’s industrial-output, investment and retail-sales growth cooled more than estimated in January and February, signaling an economic slowdown that makes the government’s 2014 expansion target harder to reach.

Factory production rose 8.6 percent in the two-month period from a year earlier, the National Bureau of Statistics said today in Beijing, the weakest start to a year since 2009. Retail sales advanced 11.8 percent, the slowest pace for the period since 2004, while the 17.9 percent increase in fixed-asset investment was a 13-year low for the months.