China’s retail sector returned to growth in August for the first month since December 2019. Photo: AP
China’s retail sector returned to growth in August for the first month since December 2019. Photo: AP

China economy’s broad recovery from coronavirus continues, as retail sales grow for first time in 2020

  • Industrial production grew by 5.6 per cent in August from a year earlier, with retail sales growing by 0.5 per cent
  • Economic recovery in China continues to be powered by industry, but retail sector records best performance of 2020

China’s retail sector returned to growth in August for the first month since December 2019. Photo: AP
China’s retail sector returned to growth in August for the first month since December 2019. Photo: AP
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