Weakest economic data in years puts pressure on PBoC

People's Bank of China

The People's Bank of China (PBoC) is under pressure to ease its monetary policy further, analysts say, following the release of some of the country's weakest economic data in years.

Industrial production slowed to 6.8% on an annualised basis in January and February, figures published today by China's National Bureau of Statistics show – the lowest level since 2009 and below market expectations of around 8%.

Fixed asset investment, meanwhile, increased by 13.9% – the slowest pace in 14 years – an

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