The Chinese economy confirms its rebound. Beijing on Monday published three important indicators offering unprecedented growth rates of more than 30% over one year. Industrial production rebounded by 35.1%, investment spending by 35% and retail sales by 33.8% in the first two months of the year.
If the growth percentages are impressive, it is because the comparison with last year is very flattering: at the same time of 2020, the emergence of the Covid-19 epidemic pushed China to take restrictive measures extremely aggressive, leading to a drop in activity not seen in the country since the end of the Mao era.
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