The Chinese industrial production, retail sales and asset investment data is here
The initial response (via Bloomberg):
- other recent data that have helped shore up confidence in the world's second-largest economy, including better-than-expected trade and the official factory gauge unexpectedly rising to the highest level in almost two years
- One challenge is that the property market, which has underpinned the recovery, may face headwinds as the government signals that real estate price increases may be unsustainably high
here is the link to the Bloomberg pice for more
Also, this via FT (Fast FT, gated):
- A clutch of gauges tracking different corners of China's economy beat expectations in August as both consumer purchases and industrial output enjoyed a slight pick-up and investment managed to stave off a further fall.
And, Reuters:
- China's economy has stabilised in recent months on the back of increased government spending and a property rebound, but private investment remains weak