Chinese Industrial Output Grew by 7.3% in December

According to data released, China’s industrial output rose at a faster-than-expected rate of 7.3% in December compared to a year ago, to continue growth for the ninth month in a row in a continuation of the post-Covid recovery in the huge manufacturing sector, supported by strong exports.

Analysts polled by Reuters had expected annual industrial output growth to slow to 6.9% in December from 7% in November.