China's consumer market shows 'strong' recovery in January - commerce ministry

BEIJING : China's consumer market recovery was"strong" in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been reined in by a weak economy and tough COVID-19 policies.

China's 3 per cent economic growth rate last year was one of its weakest rates in nearly half a century，hurt by harsh COVID-19 curbs that were abruptly lifted in December.

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Indonesia's posts $6 billion budget surplus in January - Finance MinisterJAKARTA : Indonesia had a 90.8 trillion rupiah ($5.97 billion) budget surplus in January or 0.43 per cent of gross domestic product, as a risk of lower economic growth this year still lingers amid a global economy slowdown, finance minister Sri Mulyani Indrawati said on Wednesday.Government revenues in Ja
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