Logo 15 Nov 2023

Stepping out of the shadows

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China’s economic recovery is consolidating.
Per econ data published by the stats bureau (NBS) on Wednesday, in October:

Retail sales grew by 7.6% y/y, up from 5.5% in September.
Industrial value-added grew by 4.6% y/y, up from 4.5%.
Fixed-asset investment (FAI) grew by 1.2% y/y, down from 2.5%.

Th...