Gavin Wendt

Further good economic news out of China, with industrial output growing at the fastest pace in 17 months during August. Factory production rose by 10.4% from a year earlier, the National Bureau of Statistics said in a statement in Beijing today, compared with a median forecast of 9.9 percent in a Bloomberg News survey. Retail sales advanced by 13.4%, while fixed-asset investment excluding rural households increased by 20.3% during the January-August period, both topping estimates.


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