While the coronavirus pandemic is just starting to upend economies in the United States and Europe, preliminary data for March suggested that the recovery of the China economy is making progress with the domestic outbreak seemingly under control.But with the pace of the recovery in China still modest, a full recovery is likely to take somewhat longer than previously expected, analysts said.After data released on Monday showed that industrial production, retail sales and asset investment all…
from South China Morning Post https://bit.ly/2xVbdwx
Friday, March 20, 2020
Coronavirus: China’s economic emergence from lockdown continues with electricity, coal, transport gains
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