China’s factory production grew at fastest pace since December in May, investment picked up

 

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China’s factories stepped up production for a second straight month in May, as the country shook off the economic impact of the coronavirus, although the weaker-than-expected gain suggested the recovery remained fragile.

Industrial output growth quickened to 4.4 per cent in May from a year earlier, the highest reading since December, official data showed on Monday. That's weaker than a 5 per cent rise expected by analysts in a Reuters poll, but picking up from 3.9 per cent in April which was the first expansion since the coronavirus was detected in . . .

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