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China's industrial output has risen by just more than 8.5 percent in the first two months of the year. Government figures also show retail1 sales were up by 12 percent on the previous year. Well impressive the results were less than what analysts have been predicting adding to fears of slowdown in China's economy.
Asian markets fell on the news. Hong Kong's Hang Seng was down around 2 percent.
In the United States retail sales have risen for the first time in two months. Official figures show 0.3 percent jumped in February after falling just more than 0.5 percent in January. The result was about expectations and suggests the world's largest economy is gaining strength after suffering a third coldest winter on record.
Now to the markets.
US stocks were down around one percent, and knew the similar loss in London.
To commodity prices.
点击收听单词发音
1 retail | |
v./n.零售;adv.以零售价格 | |
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2 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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