China kicks off the year on strong note as retail, industrial data tops expectations

[billwanhua]

China kicks off the year on strong note as retail, industrial data tops expectations

China on Monday reported economic data for the first two months of the year that beat analysts' expectations.

www.cnbc.com

Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters’ poll, while industrial production increased 7%, compared with estimates of 5% growth.
Fixed asset investment rose by 4.2%, more than the forecast of 3.2%.
Online retail sales of physical goods rose by 14.4% from a year ago during the first two months of the year.


Data earlier this month showed China’s exports for January and February rose by 7.1% in U.S. dollar terms, beating expectations for a 1.9% increase.

Imports climbed by 3.5% during that time, also topping Reuters’ forecast for growth of 1.5
%.

中国假数据来了 @welcomelm