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China’s stats bureau says domestic demand remains insufficient

The data is here:

China November: Retail sales +3.0% y/y (exp +4.6%) Industrial output +5.4% y/y (exp +5.3%)

National Bureau of Statistics (NBS) comments:

Positive changes in China’s economy further increasedExternal environment
has become more complexDomestic demand
remains insufficientSome enterprises
face operational difficultiesThe foundation for
sustained economic recovery and improvement still needs to be
strengthenedTrend of recovery in consumption has not changed

This article was written by Eamonn Sheridan at www.forexlive.com.

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