China’s November Retail Sales and Industrial Output Show Solid Growth
China’s November Retail Sales Rise 3.0% China’s retail sales grew by 3.0% in November 2024, reflecting a steady economic recovery. This increase highlights stronger consumer confidence and growing demand across multiple sectors. People in China are gradually spending more, indicating a shift toward pre-pandemic consumption patterns. Online shopping continues to play a crucial role, as
China’s Manufacturing PMI Improves, But Services PMI Declines in Latest Report
Recent data from China reveals mixed signals for the economy, with the official manufacturing PMI showing improvement, while the services PMI slips. This shift is important for understanding the current economic landscape in China, especially as it recovers from global disruptions and internal challenges. Let’s explore what this means for China’s economy and global markets.