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China's economy started on a strong footing this year, with consumption and production both beating expectations as holiday spending and strong foreign demand provided an early boost. Retail sales for the first two months rose 2.8% from a year earlier, according to data from the National Statistics Bureau on Monday, beating economists' forecast for a 2.5% growth. That growth, however, reflected a ...
Holiday spending, export demand drive China’s economic momentum as Iran war headwinds loom | Huntaegis