China Industrial Recovery Chartbook

China’s economic recovery from coronavirus-related shutdowns is ongoing, but remains slow and uneven, with most high-frequency indicators pointing to industrial activity resuming at 85-90% of normal levels as of the end of March. Continued weakness in auto sales and property construction point to risks of an extended slowdown in industrial output, while infrastructure construction has yet to receive a boost from a stronger fiscal impulse.

Posted May 4, 2020
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