The profits of China’s major industrial firms rose 2.6 percent year on year in July.
The purchasing managers’ index for China’s manufacturing sector came in at 50.5.
China’s National Bureau of Statistics (NBS) announced Monday that China’s GDP was 90.03 trillion yuan ($13.26 trillion) in 2018, posting a 6.6 percent growth rate for the year.
Data released from the National Bureau of Statistics on Friday was worse than expected. In particular, total retail sales of consumer goods went up 8.1 percent year-on-year in November. This is considered relatively low, compared to the previous rate.
Data released by China’s National Bureau of Statistics (NBS) on Friday showed that the country’s economy grew 6.5 percent year-on-year in the third quarter.
Earnings growth for China’s industrial firms cooled after accelerating for three months.
China’s real estate investment growth slows as curbs continue to cool property market.
Shanghai declined, Shenzhen stalled, pointing to cooling in China’s markets.