China entered the fourth quarter on a stronger-than-expected footing, according to a flurry of data released over the weekend, with the world’s number two economy appearing to defy expectations for a slowdown in the final quarter of the year.
The economic figures showed growth in industrial production, retail sales and fixed asset investment powering holding up in October. Meanwhile, export data published last Friday indicated a rebound in shipments in the same month.
via CNBC
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