Market
China’s economic activity shows modest rebound in first two months of the year
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China’s economic activity rebounded moderately in the first two months of the year, with industrial production and retail sales growth falling short of market expectations, underscoring the lingering scars from the country’s once-stringent Covid restrictions.
Industrial output in January-February rose 2.4% on year, up from a 1.3% increase in December, the National Bureau of Statistics said Wednesday. The reading was lower than the 2.8% growth expected by economists polled by The Wall Street Journal.
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