Home CHINA China’s industrial engine revved strongly in May, but consumption weak as slow recovery continues

China’s industrial engine revved strongly in May, but consumption weak as slow recovery continues

China’s industrial engine revved strongly in May, but consumption weak as slow recovery continues
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China reported strong growth in its industrial engine for the month of May, as the economy continued to slowly recover from the effects of the coronavirus pandemic, data released on Monday showed.In May,

China’s industrial production, a gauge of manufacturing, mining and utilities sector activity, grew by 4.4…

To read more: https://www.scmp.com/economy/china-economy/article/3089036/coronavirus-chinas-industrial-engine-revved-strongly-may

SOURCE: SCMP

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