China’s Retail Sales, Industrial Output Beat Estimates

China’s industrial output rose 3.5% in October from a year earlier, higher than economists’ expectations. Retail sales growth accelerated to 4.9%, above the 3.7% estimate in a Bloomberg survey. Jian Chang, chief China economist at Barclays Asia Pacific, discusses what the latest figures say about the outlook of the world’s second-largest economy. She speaks on “Bloomberg Markets: Asia.”
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