Business Standard

Sunday, January 05, 2025 | 01:18 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Industrial China is alive and well despite concerns of economic slowdown

Data this past week showed a dismal picture: China's industrial output rose 3.8% from a year earlier, which was below expectations, fixed investment grew slower than forecast and credit was weak

Photo: Bloomberg
Premium

Photo: Bloomberg

Anjani Trivedi | Bloomberg
Industrial China is alive and well despite concerns of an economic slowdown. It just doesn’t look like it did before — or at least, what everyone is used to.
 
Data this past week showed a dismal picture: Industrial output rose 3.8% from a year earlier, which was below expectations, fixed investment grew slower than forecast and credit, usually a sign the economy is pushing through, was weak. Property sector figures, long taken as an indication that authorities were going to keep developers’ debt-fueled building extravaganza on course, were depressing all around. Goldman Sachs Group Inc. cut its gross domestic product

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in