The Economy

China's Industrial Output Slows in October

Nov. 12, 2008

Growth is at 8.2% compared to 11.4% in September

China's industrial output growth slowed to 8.2% in October, compared with 11.4% in September, the National Bureau of Statistics said on Nov. 13.

The figure came as Premier Wen Jiabao was quoted in the state media as saying the impact of the global financial woes on China's economy was "worse than expected."

In the first 10 months of the year, industrial output increased 14.4% from the same period in 2007, according to the bureau.

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