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China has released its November data dump and the decline goes on. Industrial production missed expectations at 7.2% vs 7.5% expected:
Fixed asset investment came in on target at 15.8%, still slowing:
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The second derivative of real estate investment is also still falling, to 11.9% year-to-date:
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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.