China's factory output beats forecasts as Asia recovers from Covid-19 slump

Topics China economy | Xi Jinping | China


By Gabriel Crossley and Kevin Yao BEIJING (Reuters) - China's factory output rose faster-than-expected in October and retail sales sped up, as the recovery in the world's second-largest economy from its COVID-19 slump gathered momentum. Industrial production climbed 6.

9% in October from a year earlier, data from the National Statistics Bureau showed on Monday, in line with September's gain and faster than the 6.5% rise expected in a Reuters poll of analysts. The upbeat figures came as other Asian powerhouses also climbed.....

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