Beijing's Campaign Eases Pressure on Industrial Growth
Beijing's campaign to curb price wars helped ease pressure on manufacturers.
Industrial output increased 6.5% year-on-year in September.
Consumer prices fell 0.3%, and producer price index dropped 2.3%.
First nine months' profits grew 3.2%.
Analysts say resilient figures reduce Beijing's need for extra stimulus.
Fixed-asset investment decreased 5% in the first nine months.
Louise Loo notes domestic demand references are less prominent.
1 week ago