China’s economy has finally reached a turnaround after a prolonged rough patch. Exports and domestic demand are both showing signs of recovery, and the country is buzzing as a result.
This weekend, data including figures for industrial production, fixed-asset investment, retail sales and overall economic output will be released, revealing the expansion of what is already the second-largest economy in the world.
Retail sales have also increased significantly. Liu Licai, a merchant in southern China, explained that her shelves have been emptying so quickly that she is forced to place additional orders with suppliers.
“Business has gone up by more than 10 percent in the last several month,” she said.
Situations like that of Ms. Liu have been keeping factories busy. As a result, employment rates are increasing, while construction sites show new signs of life and markets grow across the country.