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HomeNewsChina's Nov factory output, retail sales miss expectations as Covid bites

China’s Nov factory output, retail sales miss expectations as Covid bites

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grew just 3% in the first three quarters of this year and is expected to stay around that rate for the full year, well below the official target of “around 5.5%”.

All eyes are on the closed-door annual Central Economic Work Conference, when Chinese leaders gather to set next year’s economic agenda. They will likely map out more stimulus steps, eager to underpin growth and ease disruptions caused by a sudden end to COVID-19 curbs, policy insiders and analysts said.


(Reporting by Ellen Zhang and Liz Lee; Editing by Sam Holmes)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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