China economy advanced in January and February, but mixed data underscores uneven nature of recovery

Source: South China Morning PostChina’s economy continued to advance, combined figures for January and February released on Monday showed, although the numbers are difficult to interpret due to the weak comparison base from a coronavirus-hit 2020.Both retail sales and industrial production data were stronger than expected, suggesting that the economy continued to gain momentum in the first two months of 2021. However, fixed asset investment growth was lower than expected, while the surveyed unemployment rate rose during the…Read More

Geef een reactie

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

Generated by Feedzy