Analysts remained downbeat about the short term prospects for China’s economy following a slew of data on industrial output, investment and retail sales.
The data released on Thursday showed that factory output rose by the weakest degree in 17 years, while retail sales growth, a measure of household consumption, remained flat. Fixed-asset investment, which measures spending on infrastructure and machinery, grew 6.1 per cent, marginally ahead of forecasts.
Here’s a round up of analysts’ initial reactions:
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