You are here

China's growth engine picking up slowly, but challenges remain

BT_20200516_VMCHINA16_4119011.jpg
An employee working on steel bars at a factory in Hangzhou. Investment in the manufacturing sector fell by 18.8% in the first four months of the year.

Beijing

INDUSTRIAL output for the month of May rose for the first time this year as China's millions of factories reopened, but the world's second-largest economy still faces many challenges including lagging demand due to record unemployment.

Industrial production climbed 3.9 per...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes