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China output improves slightly in April

BEIJING, May 13 (UPI) -- Chinese industrial output in April grew 9.3 percent year-on-year, an improvement over the 8.9 percent growth in March, Beijing said Monday.

The National Bureau of Statistics said the April growth was flat from the same period last year, an indication of the problems facing the economy, the world's second largest after the United States.

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Chinese policymakers are confronted with slowing exports and weak domestic demand after years of double-digit growth. The economy grew 7.7 percent in the first quarter of this year, down from the 7.9 percent growth in the previous quarter.

In the first four months of this year, output increased 9.4 percent year on year.

The Wall Street Journal said the April output was below economists' expectations of 9.5 percent.

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