China’s industrial production grew more than expected in August as fiscal stimulus and exports boosted economic activity and retail sales recovered on domestic demand, official data revealed Tuesday. Industrial production growth improved to 5.6 percent from 4.8 percent in July, the National Bureau of Statistics said. The rate was forecast to rise moderately to 5.1 percent.

For more info about this post:

View Source


Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply

Your email address will not be published. Required fields are marked *