BEIJING: China's factory output and retail sales growth slowed further in November, weighed by weak domestic demand and adding pressure on policymakers to take action to rebalance the $19 trillion economy, as trading partners take issue with its huge surplus.
Industrial output rose 4.8% year-on-year, National Bureau of Statistics (NBS) data showed on Monday, slowing from 4.9% growth in October. It missed a 5.0% increase forecast in a Reuters poll.
