Caixin
Dec 16, 2021 04:19 AM
ECONOMY

Mixed Economic Picture Suggests Need for More Stimulus, Economists Say

A school job fair at Shenyang, Liaoning province, on Dec. 12, 2021.
A school job fair at Shenyang, Liaoning province, on Dec. 12, 2021.

A mixed picture that emerged last month for the Chinese economy prompted economists to call for more stimulus policies.

Growth in fixed-asset investment eased to 5.2% in the first 11 months of the year from 6.1% in the first 10 months. Retail sales growth weakened 1 percentage point to 3.9% in November as people stayed home amid renewed Covid-19 outbreaks.

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