China slow growth caused by weak exports

The Chinese government may stimulate the economy as the industrial production of China grew at a slow pace. The output increased in August from the last year by 12.8 % but the economy is growing slow since last year as the growth is low in U.S., Europe and Japan.

The inflation is low in China and the economists said that the authorities may cut reserve requirement to slow Yuan appreciation. Yuan fell to 6.8472 against dollar. The Asia pacific economists said that the Chinese economy is not growing at a rate it was predicted earlier.