China’s economic recovery ‘unstable, uneven’ as retail sales, industrial production growth slows

Source: China – South China Morning PostChina’s economic slowdown continued in July, data released on Monday showed, with both industrial production and retail sales falling short of expectations.Industrial production, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 6.4 per cent in July from a year earlier after a 8.3 per cent rise in June. July’s figure was below the median forecast of the Bloomberg survey for a rise of 7.9 per cent.Retail sales, a key measurement of consumer spending in the world’s…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy