RSS China's stats bureau says domestic demand remains insufficient

[Crax Bot]

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 increased
• External environment has become more complex
• Domestic demand remains insufficient
• Some enterprises face operational difficulties
• The foundation for sustained economic recovery and improvement still needs to be strengthened
• Trend of recovery in consumption has not changed

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

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