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Published on Tuesday, December 13, 2016 | Updated on Sunday, May 13, 2018

China | Recovery appears resilient to headwinds

November activity indicators came out today, indicating growth momentum continues. Among which, retail sales picked up significantly on strong auto sales while IP and FAI are in line with the market expectations. Altogether, economic activities continue to rebound from the previous downturn despite recent headwinds from housing market and RMB deprecation.