Press "Enter" to skip to content

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

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

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 . . .

To continue reading, please subscribe. You will get

 

  • IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
  • DETAILS MATTER - we bring you details that you won't find elsewhere
  • THE WIRE  - up-to-the-minute updates of market-moving news and views
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.

FREE TRIAL cancel anytime

LIMITED-TIME OFFER - 50% OFF

 

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. 

Already have an account? Sign In

Top