According to the given government statistics, it was announced yesterday that the Chinese economy shows signs of improvement in the first two months of the current year. Despite the ongoing weakness in the real estate market, it remains a problem for growth. The National Bureau of Statistics of China reported that retail sales increased by 4% in January-February compared to the previous year, while industrial production grew by 5.9%. "The economy is moving in the right direction," noted a bureau representative, however, warning that challenges remain both domestically and abroad. U.S. President Donald Trump imposed a 20% tariff on Chinese goods, which could harm the economy, heavily reliant on exports.
