China Industrial Output Increases Strongly

A recovery in China, the world’s second largest economy, is intact heading into the end of the year, data released on Tuesday suggests.

Industrial production rose 10 percent in November from a year earlier, broadly in line with analyst expectations and compared with an increase of 10.3 percent in October.

November retail sales rose 13.7 percent from a year earlier, above expectations for a 13.3 percent rise, while fixed asset investment rose 19.9 percent between January and November from a year ago and in line with market expectations.


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