Industrial production rose by 5.3 per cent in August from a year earlier, after a 6.4 per cent rise in July. Photo: AFP
Industrial production rose by 5.3 per cent in August from a year earlier, after a 6.4 per cent rise in July. Photo: AFP

China’s retail sales growth plunged in August, impeding economic recovery

  • Retail sales and industrial production rose by 2.5 per cent and 5.3 per cent, respectively, in August from a year earlier
  • Fixed-asset investment grew by 8.9 per cent in the January-August period, while the surveyed jobless rate stood at 5.1 per cent in August, unchanged from July

Topic |   China's economic recovery
Industrial production rose by 5.3 per cent in August from a year earlier, after a 6.4 per cent rise in July. Photo: AFP
Industrial production rose by 5.3 per cent in August from a year earlier, after a 6.4 per cent rise in July. Photo: AFP
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