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China s retail sales rise 5% in Nov, factory output continues to accelerate

China s retail sales rise 5% in Nov, factory output continues to accelerate Source: Global Times Published: 2020/12/15 11:43:45 Photo: XinhuaChina s retail sales continue to recover, climbing by 5 percent in November; industrial output also continues to grow, both in line with expectations, showing strong growth momentum as the world s second-largest economy emerges from the impact of COVID-19. In November, social retail sales climbed 5 percent year-on-year, up from 4.3 percent in October; industrial added value surged 7 percent in November, faster than 6.9 percent growth in October, data from the National Statistics Bureau (NBS) showed on Tuesday. Retail sales from January to November reached 35.14 trillion yuan ($5.36 trillion), down 4.8 percent compared to last year due to the impacts of COVID-19, NBS data showed.

December 15, 2020 - The Japan Times

South Korea s highest priority is securing more hospital beds to handle a record surge in coronavirus cases and blunt a corresponding spike in deaths, the country s prime minister said on Wednesday. The Korea Disease Control and Prevention Agency (KDCA) reported 1,078 new coronavirus cases as . National Dec 16, 2020

WRAPUP 1-China s Nov industrial output steps up as recovery gathers pace

WRAPUP 1-China s Nov industrial output steps up as recovery gathers pace Reuters 12/15/2020 BEIJING, Dec 15 (Reuters) - China s industrial output grew in line with expectations in November, expanding for the eighth straight month as the economic recovery gathered pace and global demand picked up. Industrial output growth quickened to 7.0% in November from a year earlier, data from the National Statistics Bureau showed on Tuesday. That was in line with analyst expectations in a Reuters poll and faster than the 6.9% expansion in October. China s economy has staged an impressive recovery from its COVID-19 paralysis earlier this year, mainly driven by robust exports.

China s November industrial output steps up as recovery gathers pace

China s November industrial output steps up as recovery gathers pace
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