China's official data painted a mixed picture for growth in November as industrial production posted a faster expansion and house prices fell at slower pace, while retail sales growth softened highlighting the need for additional stimulus to retain sustainable growth.
Industrial production expanded 5.4 percent from the previous year, which was slightly faster than the 5.3 percent increase in October, data from the National Bureau of Statistics revealed Monday. The rate came in line with expectations.
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by Renju Jaya
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