Better-than-expected data for August showed an acceleration in Chinese industrial production, which has been one of the main drivers of China’s relatively rapid recovery from the coronavirus. Photo: Getty Images Better-than-expected data for August showed an acceleration in Chinese industrial production, which has been one of the main drivers of China’s relatively rapid recovery from the coronavirus. Photo: Getty Images
Better-than-expected data for August showed an acceleration in Chinese industrial production, which has been one of the main drivers of China’s relatively rapid recovery from the coronavirus. Photo: Getty Images

China is only G20 country expected to see positive economic output this year, OECD says

  • Organisation for Economic Cooperation and Development revises up its forecast for Chinese growth this year to 1.8 per cent, from a 3.7 per cent contraction projected in June
  • Rapid control of the coronavirus outbreak allowed China to reopen businesses faster than other countries, but spending on services still remains subdued, the group says

Topic |   China economy
Better-than-expected data for August showed an acceleration in Chinese industrial production, which has been one of the main drivers of China’s relatively rapid recovery from the coronavirus. Photo: Getty Images Better-than-expected data for August showed an acceleration in Chinese industrial production, which has been one of the main drivers of China’s relatively rapid recovery from the coronavirus. Photo: Getty Images
Better-than-expected data for August showed an acceleration in Chinese industrial production, which has been one of the main drivers of China’s relatively rapid recovery from the coronavirus. Photo: Getty Images
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