Further good economic news out of China, with industrial output growing at the fastest pace in 17 months during August
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.
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Please sign in to comment on this wire.