Thanks to a housing boom and government spending.
China‘s factory output and retail sales grew faster than expected in August as a strong housing market and a government infrastructure spending spree underpinned growth in the world’s second-largest economy.
Industrial output grew the fastest in five months as demand for products from coal to cars rebounded, though analysts warned the outlook is clouded by weakness in manufacturing investment and a lack of spending by private firms.
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Curbs in capacity and production
Downward cycle in property market
Fall in consumer spending
Fiscal spending
Growth in industrial output
Holding off on further easing
Improvement in operating conditions
Increase in Government spending
Intense competition
More efficient private sector
Over concerns of rising debts
Over concerns on housing bubbles
Overcapacity issues
Overhaul of the country
To spurr demand
World large economy