Into society. This is the business im on in berlin welcome surprising figures from china show the countrys industrial output grew at a significantly slower rate than expected during october production increased by 4. 7 percent year on year despite many analysts expecting growth above 5 percent demand in the worlds 2nd biggest economy has been slowing and g. D. P. Growth is at its lowest rate for 3 decades chinese investors are hoping to get in near term boost if a preliminary trade deal can be reached with a us. Maximillian count felt from the market the institute for China Studies joins me now in the studio welcome now china introduced all these measures in order to shore up growth like cutting taxes for example it would appear that these measures that work youre right weve seen i receive
a continued slow down in the if you look at Economic Growth as a hold of was reduced a few quarters ago at a attempts to score to resource low down to the lowest growth ever basically and for october
a continued slow down in the if you look at economic growth as a hold of was reduced a few quarters ago at a attempts to score to resource low down to the lowest growth ever basically and for october data we see a slowdown in retail a fixed asset investment uncritically investment into fat manufacturing capabilities now you said that. the stimulus measures on particular working in this is particularly reflected from new bank lending which has reached one of the lowest levels of the. arctic. and our team is. the government is working on the supply side but the demand side is not holding up so there is there s too few bankable projects there is too much money restrictions in the financial system which lead to bank lending slugging and others as a result of growth not picking up now that sounds like bad news all the way for china but we although we know that the u.s.