Chances for a Revival in China’s Economy

A pick up in China’s factory output and retail sales growth to eight-month highs suggested a revival in the world’s second-biggest economy is deepening and boosted the chances for stronger-than-expected exports figures on Monday.

Government figures on Sunday said industrial output rose 10.1 percent in November from a year earlier, the fastest pace since March. Industrial exports growth leapt to a 10-month peak, a breakdown showed.

Consumer inflation bounced off a 33-month trough, but remained at relatively low levels. The combination of tame price pressures and a pick up in economic activity after seven straight quarters of weakening growth will persuade Beijing to stand pat on policy for now, analysts said.

via CNBC

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