China’s March industrial output rises 3.9%; retail sales up 10.6%

BEIJINGĀ  – China’s industrial output rose 3.9 percent in March year-on-year, official data showed on Tuesday, accelerating from a 2.4-percent increase in the first two months but missing expectations slightly amid a post-COVID economic recovery. Retail sales rose 10.6 percent, beating forecasts for a 7.4-percent increase by a large margin. It was also faster than … Continue reading China’s March industrial output rises 3.9%; retail sales up 10.6%