China's retailers take a Covid19 retail hit even as factories grows faster than expected
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15 December 2021, Mumbai:
China's factory output grew faster than expected in November, supported by stronger energy production and a moderation in sky-high materials costs, but new curbs to fight rising COVID-19 cases hit retailers in the world's second-largest economy.
LOW DOWN
- Factory output grows faster than expected
- Retail sales, fixed asset investment growth misses forecasts
- Rising headwinds likely to prompt more policy action
(The news article has not been edited by DFU Publications staff)
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