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China’s retail sales jump as economy shows green shoots

Jessica Sier
Jessica SierNorth Asia correspondent
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Tokyo | China’s property woes showed few signs of abating in October and factory output growth slowed, but consumers picked up spending in a rare piece of good news for the world’s second-largest economy.

A slew of data released on Friday disappointed some analysts and is likely to maintain calls for more stimulus to get China’s economy firing on all cylinders. The pressure on Beijing’s policymakers has increased as they brace for Donald Trump’s return to the White House.

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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com

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    Original URL: https://www.afr.com/world/asia/china-s-consumption-growth-jumps-as-economy-shows-green-shoots-20241115-p5kqva