BEIJING, May 15 — China's industrial output rose 3.9 per cent in April from a year earlier, data showed today, expanding for the first time this year as the world's second-largest economy slowly emerged from its coronavirus lockdown. That was faster than the 1.5 per cent increase forecast in a...
Friday, 15 May 2020 10:29 AM MYT
That was faster than the 1.5 per cent increase forecast in a Reuters poll on analysts and followed a 1.1 per cent fall in March. The National Bureau of Statistics said China's economy was recovering but still faced many challenges as the coronavirus spread globally. Many Chinese factories are grappling with slashed or cancelled overseas orders after reopening as global demand stays tepid.
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