China’s industrial output surged in January – February driven by strong exports, investment and consumption lagged

 

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Chinese economic activity surged in the first two months of 2021 partly due the low base a year earlier, though the recovery remained uneven, with investment and consumption still lagging.

Industrial output in the January-February period rose 35.1 per cent from a year earlier when the Chinese economy was largely shut down to contain the fast-spreading coronavirus, according to data released by the National Bureau of Statistics on Monday. That's up 16.9 per cent from the same period in 2019 before the Covid-19 pandemic struck.

The average growth rate . . .

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