The Business Times
SUBSCRIBERS

China's industrial engine hums again as consumers open wallets

Industrial output rose 5.6% in August; retail sales of consumer goods also up

google-preferred-sourceAdd BT as a preferred source
Published Tue, Sep 15, 2020 · 09:50 PM

    Beijing

    CHINA'S economy continued to rebound in August with industrial output and retail sales growing on a month-on-month basis.

    Industrial output increased 5.6 per cent in August, the fastest pace in eight months and higher than the 4.8 per cent rise registered in July, according to latest data from the National Bureau of Statistics (NBS) released on Tuesday.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    ChinaCovid-19Retail

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More