China's key economic data shows further improvement, retail sales back to growth for first time this year

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China's economic data including industry, retail and investment showed marked improvements across the board in August, as the world's second largest economy continued its broad-based recovery from the ravages of the coronavirus outbreak.

Retail sales grew 0.5 per cent in August from a year earlier, according to data released by the National Bureau of Statistics (NBS) on Tuesday, improving from a 1.1 per cent fall in July and beating analysts’ expectations of zero growth.

This marks the first growth since December 2019 and comes as the government attempts to give . . .

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