: :inin Kyiv (EET)

China’s data deluge set to show economic recovery accelerating


China continues to supply evidence that the nation first into the coronavirus crisis will be the first major economy to pull out of it, with data this week set to show an accelerating recovery. Growth in industrial production is forecast to have picked up and retail sales may have stopped shrinking in July in numbers due on Friday. Investment for the first seven months of the year is expected to contract compared with a year earlier, but at a slower pace than in the previous month.Recent figures including a better-than-expected trade performance are giving policy makers in Beijing enough confidence …read more

Source:: Gulf times

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