China's retailers take a Covid19 retail hit even as factories grows faster than expected

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

Reuters 

(The news article has not been edited by DFU Publications staff)

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