Growth slows for industrial production, retail sales and fixed asset investment

China’s industrial production grew 6.8%, the slowest rate since records began in 1995 outside of the financial crisis of 2008, The Financial Times reported, citing Goldman Sachs. Fixed asset investment growth also slowed, expanding 13.9% in the first two months from a year earlier and down from an annual expansion of 15.7% last year, while retail sales growth also slowed for the same period, up 10.7% compared with 11.9% growth in December. The International Monetary Fund has already cut its gross domestic product estimate to 6.8% this year and 6.5% in 2016.