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China's economic deterioration 'disturbing'

Beige Book shows Q4 sales revenue, output, profits, hiring, borrowing and capex all turning weaker

HOME FRONT: China's home-price recovery spread to more smaller cities in November, after the Chinese authorities rolled out easing measures targeting regions with a surplus of unsold homes. New-home prices increased in 33 cities among the 70 cities tracked by the government, compared with 27 in October.

Hong Kong

CHINA'S economic conditions deteriorated across the board in the fourth quarter, according to a private survey from a New York-based research group that contrasted with recent official indicators that signalled some stabilisation in the country's slowdown.

National sales...

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