Logo 17 Jan 2024

Ending the year on a false positive

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China saw a decent print in the econ data for the month of December, which was released Wednesday by the stats bureau, but that was overshadowed by a growing supply-demand mismatch across the economy.
The figures:

Retail sales grew 7.4% y/y in December, down from 10.1% growth in November.
Industria...