China data remains weak and weaker

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China released its November data over the weekend and the news was better than feared but hardly lighting things up. Industrial production beat expectations at 6.2% versus 5.6% largely thanks to car construction stimulus:

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Fixed asset investment rose 10.2% unchanged:

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And retail sales accelerated to 11.2%:ret

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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.