China output, sales up as stimulus takes effect (AFP)

Posted under Business on Friday, June 12th, 2009 at 8:34 am | Comments are off for this article

Stacks of China Shipping containers at Jakarta's international seaport. Positive figures on the Chinese economy come as the Asian giant's vital export sector has been hit by the global slump, which has slashed demand in key overseas markets, leading Beijing to seek ways of boosting domestic spending.(AFP/File/Bay Ismoyo)AFP – China’s May industrial output and retail sales both grew at a faster pace than in previous months, the government said Friday, as massive stimulus measures introduced since last year kicked in.


Read More: China output, sales up as stimulus takes effect
(AFP)

Comments are closed.