Chinese growth holds up well

Thursday 14 December 2017

China’s November data dump is out and carried no surprises with Industrial Production 6.1%, Fixed Asset Investment YTD 7.2% and Retail Sales YTD 10.3%:

Under the hood, the all important property sector was mixed. Sales by floor area continue to slow YTD:

But year on year sales for November lifted from -6.4 to 5.6.

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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.