Today news
About the same in other media
China’s Economy Rebounds, Spurred by Consumption
Reading now: 709
SINGAPORE—Economic activity in China rebounded in January and February as the country emerged from almost three years of tough Covid-19 controls, adding to signs of resilience in the global economy after the sudden collapse of two U.S. banks unnerved investors.
The data suggest China’s expected recovery is broadly on track after posting one of its weakest years for growth in decades in 2022. A pickup in retail sales suggests consumption is taking over as the engine of growth while factories contend with sinking exports and the real-estate sector shrinks, figures published Wednesday show.
Read more on wsj.comAbout this in other media
Pacific trade deal is more useful to Joe Biden than it is to the UK’s economy theguardian.com /1 year ago
China’s Consumers Extend Economic Rebound From Pandemic wsj.com /1 year ago
Banking Strains, Inflation Threaten Global Economic Rebound wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
