In April, China’s industrial output grew by 3.9 per cent, retail sales fell by 7.5 per cent and fixed asset investment fell by 10.3 per cent, suggesting an uneven recovery. Data suggests demand weaknesses remain, while for industrial engine overseas shutdowns will hamper growth before long.
The General Administration of Customs (GAC) of the People’s Republic of China has summarized the results of Russian-Chinese trade in the first quarter of 2022.