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Latest China data show economy on stable ground
Production, investment, retail all exceed forecasts; govt signals it will loosen currency link further
Published Sun, Dec 13, 2015 · 09:50 PM
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Beijing
CHINA'S latest round of economic data showed fresh evidence of stabilisation after policymakers unleashed several rounds of monetary and fiscal stimulus.
Bloomberg's monthly China gross domestic product tracker picked up to a 6.85 per cent estimated growth pace for November, the best reading since June, after reports Saturday on industrial production, retail sales and fixed-asset investment all exceeded forecasts.
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