China IP & retail sales data - recaps
Reuters and Bloomberg with recaps on the data we've had from China today, beats for both retail sales and industrial production
Reuters:
- After a rocky start to the year, China's economy has performed better than expected
- Private investment remains weak, however, leaving economic growth more reliant on a steady stream of government spending, while the property market is showing signs of fatigue, raising fears that this year's momentum will not be sustainable.
Bloomberg:
- China's economic stabilization held in November
- Offering policy makers more room to switch focus away from stimulus and toward curbing financial risks
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