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China production and investment data show struggling private sector

China’s industrial production growth for May came in at 3.5% yoy, aligning with market expectations. However, a discrepancy was observed in growth rates of private and state-owned businesses. Industrial output from private businesses only managed to expand by 0.7% yoy, a stark contrast to the 4.4% yoy growth posted by state-owned enterprises. Furthermore, China’s fixed […] The post China production and investment data show struggling private sector appeared first on Action Forex... Read More

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China

Production

Investment

Data

Show

Struggling

Private

Sector

Forex

Posted: Jun 15 2023, 05:46

Author Name: actionforex

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