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Economics

Li’s Options Narrow as China Growth Slowdown Deepens

Chinese Premier Li Keqiang’s options have narrowed: stimulate or miss his 2014 growth target.

The weakest industrial-output expansion since the global financial crisis, and moderating investment and retail sales growth shown in data released Sept. 13, underscore the risks of a deepening economic slowdown led by a slumping property market. Stocks, metals and currencies including the Australian dollar fell as analysts cut their forecasts for 2014 growth.