China's top statistics official on Tuesday sought to allay concerns over th...
BEIJING - China’s top statistics official on Tuesday sought to allay concerns over the health of the world’s second-largest economy, and defended the integrity of its data.
which are being closely watched by global investors for clues on the extent of the country’s economic slowdown. Ning Jizhe, head of China’s National Bureau of Statistics, said that since the beginning of March, imports and exports have grown more than 20 percent. Ning also noted that overall new orders in February’s official factory survey had rebounded back into positive territory, and a gauge of consumer confidence rose that month.
Retail sales were forecast to ease to 8.1 percent from 8.2 percent in December, while fixed-asset investment could inch up to 6.0 percent from 5.9 percent.
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