China’s factory output beats forecasts as Asia shakes off COVID slump


Source: chinaeconomicreview.com chinaeconomicreview.com

Key Topics in this News Article:

News Snapshot:

Home Brief China’s factory output beats forecasts as Asia shakes off COVID slump China’s factory output beats forecasts as Asia shakes off COVID slump on: Share China’s factory output rose faster-than-expected in October and retail sales sped up, as the recovery in the world’s second-largest economy from its COVID-19 slump gathered momentum, reported Reuters . Industrial production climbed 6.9% in October from a year earlier, data from the National Statistics Bureau showed on Monday, in line with September’s gain and faster than the 6.5% rise expected in a Reuters poll of analysts. The upbeat figures came as other Asian powerhouses...