BEIJING: China’s economy performed better than expected in October as retail sales and industrial output beat estimates, relieving concern a property slump was broadening.
Industrial output rose 3.5% in October from a year earlier, according to the National Bureau of Statistics (NBS), faster than September’s reading and higher than economists’ expectations.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!