Chinese factory output kicks off 2017 on high note
Tuesday, March 14, 2017, 9:17 AM
China's factory output rose 6.3% in January-February from the same period a year earlier, while fixed-asset investment grew 8.9%, both beating expectations. Analysts had predicted factory output would growth 6.2% in the first two months this year, picking up from December's 6.0% as demand for manufactured goods improves at home and abroad. Analysts had expected fixed-asset investment growth of 8.2%.