China November investment growth unchanged at 10.2% on year, tops forecasts

[BEIJING] China's fixed-asset investment growth was flat at 10.2 per cent year-on-year in the January-November period, slightly beating market expectations.

Analysts polled by Reuters predicted investment growth would come in at 10.1 per cent, compared with 10.2 per cent posted the prior month.

Industrial output growth quickened to 6.2 per cent in November, the National Bureau of Statistics said on Saturday, surprising analysts who expected a rise of 5.6 per cent on an annual basis, from the same level of growth the prior month.

Retail sales quickened to 11.2 per cent.

Analysts had predicted a rise of 11.1 per cent on an annual basis after an 11 per cent increase the prior month.

REUTERS