China just released a bunch of economic data that was in line with expectations

by Dramelin 7:30 PM 0 comments

China`s fixed-asset investment growth slowed to 7.
2 percent in the January-November period, while industrial output expanded at a faster pace than markets had expected.
Analysts polled by Reuters had correctly predicted investment growth of 7.
2 percent, cooling from the 7.
3 percent rate in the Jan-Oct period.
Private sector fixed-asset investment rose 5.
7 percent in January-November, down from the first 10 months of the year.
Industrial output rose 6.
1 percent in November from a year earlier, the National Bureau of Statistics said on Thursday, surpassing analysts` estimates for a rise of 6.
In October, output increased 6.
Retail sales gained 10.
2 percent in November on-year, in line with expectations, in line with expectations, but slightly ahead of the prior month.
The world`s second-biggest economy has defied market expectations with economic growth of 6.
9 percent in the first nine months of the year, supported by a construction boom and robust exports.
But factory activity has shown signs of cooling in the past few months as Beijing extended a crackdown on financial risks, which has increased borrowing costs and weighed on new investment.