China’s economic recovery continued to broaden out in November

 

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China’s economic recovery continued to broaden out in November, with growth of industrial output hitting the highest since April 2019 and retail sales growing at the fastest pace since December last year.

Retail sales grew by 5 per cent in November from a year earlier, marking the fourth consecutive month of expansion, showed data released by the National Bureau of Statistics (NBS) on Tuesday. That's faster than 4.3 per cent growth in October and was in line with the expectation in a Bloomberg survey.

The November growth rate was the highest since . . .

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