China economy enjoys ‘good start’ to 2019 despite slumping car and mobile phone sales

//China economy enjoys ‘good start’ to 2019 despite slumping car and mobile phone sales

China economy enjoys ‘good start’ to 2019 despite slumping car and mobile phone sales

China’s economy “has achieved a good start” to 2019 despite a recent drop in sales of cars and mobile phones, according to the country’s statistics chief. Mobile phone sales plunged 19.9 per cent in February, while total vehicle sales fell for an eighth straight month in the world’s biggest car market. “According to data available as of now, the Chinese economy has achieved a good start,” said Ning Jizhe, the head of National Bureau of Statistics (NBS) on Tuesday, citing stable industrial…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-03-12T10:00:08+00:00 March 12th, 2019|Headlines|Comments Off on China economy enjoys ‘good start’ to 2019 despite slumping car and mobile phone sales