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China’s economic recovery continued to broaden out in October, growth expected to accelerate in Q4

Last updated on November 17, 2020

China’s economic recovery strengthened in October, with consumer spending picking up steadily and industrial production and investment rising faster than expected.

Industrial output, a gauge of manufacturing, mining and utilities output in the Chinese economy, rose 6.9 per cent in October from a year earlier, compared to a median estimate for a 6.7 per cent increase in a Bloomberg poll, showed data released by the National Bureau of Statistics on Monday.

That . . .

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