China’s industrial production grew 6.2% in November from a year earlier, accelerating from 5.6% in October and suggesting policymakers’ efforts to boost the country’s economy may have finally met wth some success, The Wall Street Journal reported, citing figures from the National Bureau of Statistics. Fixed-asset investment in non-rural China rose 10.2% year-over-year in the January to November period, unchanged from the January to October period and matching expectations. Retail sales rose 11.2% in November from a year earlier, accelerating from the 11% year-over-year increase in October. The results dovetail with better-than-expected data released over the past week on new bank loans, imports and consumer inflation.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved