Demand in China has lagged behind supply all year, with retail sales and imports trending much lower than industrial production and exports. Photo: Xinhua Demand in China has lagged behind supply all year, with retail sales and imports trending much lower than industrial production and exports. Photo: Xinhua
Demand in China has lagged behind supply all year, with retail sales and imports trending much lower than industrial production and exports. Photo: Xinhua

China’s economy undergoing ‘two very different recoveries’, study that counters official data says

  • Independent research firm China Beige Book claims its survey shows an alternative narrative to Beijing’s official economic recovery in the wake of the coronavirus
  • Survey of 3,300 firms across China shows a disjointed recovery away from the ‘corporate elites’ in the coastal hubs of Beijing, Shanghai and Guangdong

Topic |   China economy
Demand in China has lagged behind supply all year, with retail sales and imports trending much lower than industrial production and exports. Photo: Xinhua Demand in China has lagged behind supply all year, with retail sales and imports trending much lower than industrial production and exports. Photo: Xinhua
Demand in China has lagged behind supply all year, with retail sales and imports trending much lower than industrial production and exports. Photo: Xinhua
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