China’s factory output and consumption beat forecasts, while property investment contraction slows

Key Points

Retail sales for the first two months of the year rose 2.8% from a year earlier.
Industrial output climbed 6.3%, also exceeding expectations for a 5% jump.
Investment in fixed assets, which includes property, advanced 1.8% from a year earlier.
Urban unemployment rate edged up to 5.3% in the first two months this year.

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