China’s November data eases

Tuesday 10 December 2013

China has released its November data dump and the peak is past it seems. Industrial production came in slightly weaker than expected at 10.1%:

Fixed asset investment was also a small miss at 19.9%, the lowest it’s been since the GFC:

However, retail sales beat nicely on the upside at 13.7% versus 13.4% expected:

I guess you could call that a little rebalancing!

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.