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AFTER COVID CHINESE ECONOMY STRENGTHEN
Ended the pandemic emergency, the Chinese economy is strengthening and the country will be likely the only one , among the developed countries, to show an increase in GDP.
In October the industrial production raised of 6.9% compared to the previous year.
A performance higher then the predictions made by the analysts, who expected only an increase of 6.7%.
The sales ratail have grown too. Even if they didn't hit the target planned of raising at 5% they moved from 3.3%in September to 4.3%in October.
the confidence of consumers is improving as shown by the growth of local tourism and the spending of Chinese people during the golden week in October.