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China's First Two Months Beat Expectations as Fixed Asset Investment Rebounds
5 articles |
Updated 2d ago |
Created 3d ago
The National Bureau of Statistics announced that key economic indicators from the first two months exceeded forecasts in January-February 2016, marking a significant improvement with fixed asset investment halting its decline and retail sales recovering steadily alongside industrial output growth.
Key Points
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1China's first two months of industrial output, retail sales, and fixed asset investment all exceeded expectations.
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2The National Bureau of Statistics stated that the economy has a strong start with good momentum at launch.
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3Fixed asset investments have reversed their downward trend showing signs to stabilize or rise again.
Developments
Mar 16, 18:30
China's first two months of industrial output and retail sales beat expectations; the central bank is expected to avoid interest rate cuts or reserve requirement ratio reductions in the short term.