By Reuters Staff
5 Min Read
BEIJING (Reuters) - China’s factory and retail sector activity surged in the first two months of the year, beating expectations, as the economy consolidated its brisk recovery from the coronavirus paralysis of early 2020.
FILE PHOTO: A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS/File Photo
While the impressive set of numbers released on Monday were heavily skewed by the very low base from last year’s massive slump, analysts said they nonetheless showed China’s strong rebound remained intact.