China's factory, retail sectors shine as trade tensions thaw
BEIJING - China’s industrial output and retail sales growth accelerated more than expected in November, suggesting resilience in the economy as Beijing seeks to prop up domestic demand amid the trade war with the United States.
Factory indicators for November have shown surprising improvement in manufacturing, suggesting government support measures are helping domestic demand, even as exports and producer prices shrank. U.S. Trade Representative Robert Lighthizer on Sunday described the U.S.-China trade agreement as a “totally done” deal, notwithstanding some details.
Private sector fixed-asset investment, which accounts for 60% of the country’s total investment, grew 4.5% in January-November.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China top diplomat says China-U.S. trade deal good news for allChina and the United States' 'phase one' trade agreement is good ...
Weiterlesen »
Trump announces phase-one China trade deal and scraps Dec. 15 tariffsPresident Donald Trump announces a phase-one trade deal with China on Friday, saying Beijing had agreed to purchases of U.S. goods and will avoid tariffs...
Weiterlesen »
Arsenal distances itself from midfielder Ozil's comments on China, UighursEnglish soccer club Arsenal tried on Saturday to distance itself from the commen...
Weiterlesen »
China to target around 6% growth in 2020, step up state spending: sourcesChina plans to set a lower economic growth target of around 6% in 2020 from this...
Weiterlesen »
What's in the U.S.-China 'phase one' trade dealThe United States and China have agreed on the terms of a 'phase one' ...
Weiterlesen »
AP Exclusive: China tightens up on info after Xinjiang leaksPeople in touch with state employees in China say the government is destroying documents and taking other steps to tighten control on information. The move follows leaks of classified papers on detention camps for Uighurs and other Muslim minorities
Weiterlesen »