China Factory Output Grows in August
China reports faster industrial output growth of 5.2 percent in August, surpassing analyst expectations. Meanwhile, retail sales growth slowed to 0.4 percent during the same period.
China's industrial output rose 5.2% in August from a year earlier, beating expectations of a 4.8% increase. The factory output growth quickened from 4.5% in July, driven by resilient manufacturing. This acceleration contrasts with persistent weakness in domestic consumption and property markets.
