China’s economic recovery broadened in November as both retail sales and industrial production growth accelerated, data released on Tuesday showed.
Retail sales, a key indicator of consumption trends in the world’s most populous nation, grew by 5.0 per cent from a year earlier, marking the fourth successive month of expansion.
This was up from 4.3 per cent growth in October and was as expected, with a poll of analysts conducted by Bloomberg having predicted growth of 5.0 per cent.
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