China industrial output and retail sales rise in August
Wed, Sep 14, 2016 - 5:50 AM
China, which grew at its slowest rate in a quarter of a century last year, shows encouraging signs in 2016, according to the latest government report. It said industrial production rose 6.3% y-o-y, while retail sales chalked up 10.6%.
CHINA'S industrial output and retail sales growth accelerated in August, government statistics showed on Tuesday, with both of them exceeding expectations in encouraging signs for the world's second-largest economy.
Industrial production rose 6.3 per cent year-on-year, the...