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China’s economic data surpasses forecasts, but challenges persist

China’s economic data surpasses forecasts, but challenges persist
China’s economic indicators for August showcased a mixed picture but, on the whole, exceeded analyst expectations in key areas. Industrial production exhibited growth of 4.5% yoy, edging out forecast of 4.0% yoy. Retail sales also outperformed predictions, registering 4.6% yoy increase compared to anticipated 3.0% yoy. However, fixed asset investment lagged slightly, presenting a 3.2% […] The post China’s economic data surpasses forecasts, but challenges persist appeared first on Action Forex... Read More
Posted: Sep 15 2023, 03:05
Author Name: actionforex
Views: 102279

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