Coronavirus: China’s uneven economic recovery continued in April, as industrial engine returned to growth

//Coronavirus: China’s uneven economic recovery continued in April, as industrial engine returned to growth

Coronavirus: China’s uneven economic recovery continued in April, as industrial engine returned to growth

China’s industrial economy bounced back strongly in April after the first quarterly contraction in history, but retail and investment remained weak, as demand concerns persisted.Across the board, monthly data released on Friday was improved from March, with industrial production, retail sales, fixed asset investment all kicking on. However, with weak demand at home and abroad, China’s efforts to get the economy back to full speed are likely to remain slow, analysts have said.Industrial…

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By | 2020-05-15T01:59:52+00:00 May 15th, 2020|Headlines|Comments Off on Coronavirus: China’s uneven economic recovery continued in April, as industrial engine returned to growth