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China’s industrial output growing at slowest pace in 17 years, unemployment rate rises

China's industrial output grew at the slowest pace in 17 years in the first two months of the year, pointing to further slowdown in the world’s second-largest economy.

Industrial output rose 5.3 per cent in January-February, said the National Bureau of Statistics (NBS) on Thursday, the weakest growth since 2002, significantly lower than a growth of 5.7 per cent in December and missing the expectation of 5.5 per cent.

Retail sales were marginally better than expected, with the headline . . .

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