China's Industrial output expanded 7.2% YoY between January and February, much faster than analysts' predictions of 6.1%. China's economy appears to be maintaining its momentum, despite the continuous crackdown on polluting industries, and a move to reduce risks in the financial system. However, trade tensions with the US make the future uncertain. ’s Lai said. The Chinese government has been trying to boost domestic demand by increasing infrastructure spending and encouraging consumers to spend more.
China's Industrial output expanded 7.2% YoY between January and February, much faster than analysts' predictions of 6.1%. China's economy appears to be maintaining its momentum, despite the continuous crackdown on polluting industries, and a move to reduce risks in the financial system. However, trade tensions with the US make the future uncertain. The Chinese government has been trying to boost domestic demand by increasing infrastructure spending and encouraging consumers to spend more.