Five Things You Need to Know to Start Your Day

Chinese growth accelerates, more warnings on oil demand, and Apple holds its first product launch of the year.

China's rebound from Covid-19 accelerated, with consumer spending rising for the first time this year in August. There was also a larger-than-forecast expansion in industrial production in the world's second largest economy as virus restrictions eased. The positive data comes as China remains under pressure from its biggest trading partners. The U.S. is banning some hair products, apparel, cotton, and computer components from the country. President Xi Jinping pushed back against EU "lecturing" about human rights in a call about European investment with the region's leaders yesterday.