China’s economy picked up steam in August as a summer travel boom and a heftier stimulus push boosted consumer spending and factory output, adding to nascent signs of stabilization. Industrial production and retail sales growth jumped last month from a year earlier, far exceeding expectations, while the urban jobless rate…
The private economy development bureau will be responsible for tracking and analyzing the state of the industry, along with coordinating and drafting policies to promote its growth, the National Development and Reform Commission announced Monday.
China’s economic recovery is being weighed down by a worsening property slump, with the latest data likely to show little sign of a rebound in growth. Official figures due Tuesday are expected to show only moderate increases in industrial output, retail sales and fixed-assets investment in July. The contraction in…
China's Economic Recovery Faces Fresh Risks From Property Crisis bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.