Analytics

China Growth Mixed as Factory Output Jumps, Consumption Lags

According to Bloomberg, the surprisingly strong numbers are the latest evidence the world’s second-largest economy gained traction after policymakers ramped up stimulus late last year.
China Growth Mixed as Factory Output Jumps, Consumption Lags
China’s economic growth was buoyed by strength in factory output and investment at the start of the year, while a revival in consumption continues to show more muted progress. Industrial output rose 7% in January-February from the same period a year earlier, the National Bureau of Statistics said Monday, much faster than economist estimates. Growth in fixed-asset investment accelerated to... ...

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