China Aug industrial output grows at slowest pace in 17-1/2 years

BEIJING: China's industrial production growth skidded to its weakest pace in 17 years and a half in August, expanding just 4.4% year-on-year, signalling further weakness in an economy hit by the trade war and slowing demand.

Analysts polled by Reuters had forecast industrial output would rise 5.2% from a year earlier, a slight rebound from the 17-year low of 4.8% in July.