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Chinese Factory Output up by 9.3 Pct in April

Chinese factory output was up by 9.3 pct in April, lower than 11.9 pct seen last month, on subdued performance by overseas economies and rising affects of Chinese authorities efforts to get soft landing
Economist however were optimistic to get print of 12 pct for the data
Fixed investment was reported at 20.2 pct in year till April, down from 20.9 pct reported last month
In an other date release, retails sales were reported 14.1 pct up y/y, little lower than expected and actual 15.2 pct in March

Published: 2012-05-11 06:48:00 UTC+00

See also: Current support and resistance levels

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May 24 at 18:42 UTC