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
Economy /  China Economy

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

Topic |   China economy
Finbarr BerminghamAmanda Lee
Finbarr Bermingham and Amanda Lee in Beijing

Updated: 12:05pm, 14 Oct, 2020

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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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