China’s Economy Improves in September, Satellite Data Show
- SpaceKnow sees improvements in consumption, construction
- But economic growth still impacted by property slump
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China’s economy showed signs of a stronger recovery in September, according to several early indicators and a firm analyzing the global economy using satellite data.
Activity around Chinese shopping malls remained at relatively high levels in September following an increase in August, according to SpaceKnow, a US company that analyzes satellite images. A pickup in cement manufacturing, which began in June, was also sustained through this month, the data show.