"China's Strong Start: Industrial Output and Retail Sales Exceed Expectations"

TL;DR Summary
China's economic data for the first two months of the year surpassed expectations, with retail sales rising 5.5%, industrial production increasing 7%, and fixed asset investment rising by 4.2%. However, real estate investment fell by 9%, and retail sales did not rebound as strongly as expected. The country's focus on developing manufacturing and technological capabilities was emphasized, while new support for the real estate sector was not revealed. Additionally, exports for January and February exceeded expectations, rising by 7.1% in U.S. dollar terms.
- China kicks off the year on strong note as retail, industrial data tops expectations CNBC
- China's Economic Activity Rebounded Moderately - WSJ The Wall Street Journal
- China Jan-Feb industrial output rises 7%, beats expectations Yahoo Finance
- China's economy rebounds at start of 2024, but property drag continues South China Morning Post
- China: Jan-Feb Industrial output +7.0% y/y (expected +5.0%), Retail sales +5.5% (5.2% exp) ForexLive
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