There has been a huge amount of Chinese economic data released now that the Communist Party Congress has finished:
- China's Q3 GDP 3.9% y/y (expected 3.3%)
- China September data: Industrial production +6.3% y/y (expected +4.8%)
Home prices also (numbers are Reuters calculations):
- -1.2% m/m .... Update, Reuters amend their calculation to -0.2% m/m, the y/y remains the same
- -1.5% y/y
The drops are showing the impact of China's debt-ridden collapsing property market
