By Adeline Teoh · 16 December 2008 · Locked
China's industrial production has plummeted to 5.4% in the year to November, sparking fears of a shrinking economy. But is this a temporary setback or a sign of a deeper problem?
Industry has slowed in China and their economy could be shrinking, according to recent figures released. Industrial production, a key economic indicator for the country, was at 5.4 percent in the year to November, down from mid-year figures of 17 percent. “Everything is pretty bad and we’re not at the worst point yet,” remarks Paul […]