China industrial output slightly weaker in May

BEIJING: China’s industrial output expanded at a slightly slower pace in May while big ticket investment growth eased, the government announced on Sunday, the latest signs of weakness in the world’s second-largest economy.

Industrial production, which measures output at the country’s factories and mines, rose 9.2 percent year-on-year in May, marginally weaker than the 9.3-percent increase in April, the National Bureau of Statistics (NBS) said.