China's retail sales jump 20.2 percent
Chinese retail sales jumped 20.2 percent in the first two months of the year, the government said yesterday, driven to what analysts called an 11-year high by steep inflation and heavy holiday spending.
China's textile industry continued its boom both in domestic and export markets in September, retail sales of social consumer goods totaled 1.3537 trillion Yuan, up 18.8 percent year on year, and 0.4 percentage points over August.