China 'activity data' for December 2021: Industrial output beats, retail sales miss

Industrial Production 4.3% y/y

• expected 3.6%, prior was 3.8%

Fixed Assets (excluding rural) YTD 4.9% y/y

• expected 4.8%, prior was 5.2%

Retail Sales 1.7% y/y,

• expected 3.7%, prior was 3.9%

December unemployment rate 4.9%

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Earlier today from China:

China recap - PBOC rate cuts