China’s consumption and investment show weak performance in November

Source: China – South China Morning PostChina’s economic indicators logged a further slowdown in November, with consumption and investment showing renewed signs of strain, while the property downturn continued to weigh on overall momentum.
Retail sales, a key gauge of consumer spending, grew in November by 1.3 per cent, year on year, according to data released by the National Bureau of Statistics (NBS) on Monday.
The figure fell short of the 2.92 per cent forecast from financial data provider Wind and marked a drop from October’s 2.9…Read More

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