Industry, retail and investment all showed marked improvements in August, as the Chinese economy continued its broad-based recovery from the ravages of the coronavirus earlier this year, according to new data released by the National Bureau of Statistics on Tuesday.Retail sales, a vital metric of consumption in the world’s biggest market, grew by 0.5 per cent compared to the same month last year, up from minus 1.1 per cent in July and ahead of analysts’ expectations of 0.0 per cent growth…



READ SOURCE

READ  China’s response to coronavirus exposes a dangerous obsession with secrecy | Jeffrey Wasserstrom

LEAVE A REPLY

Please enter your comment!
Please enter your name here