The Traderszone Network

Published in TZ Latest News 16 September, 2016 by The TZ Newswire Staff

China’s New Bamboo Curtain: Contradictory Data

China ended the week with its stock markets closed and the country immersed in its Mid-Autumn Festival. But two big and apparently contradictory pieces of data arrived before the market closed there last week.

Official data released Tuesday showed industrial output increased a better-than-forecast 6.3% in August. Retail sales vaulted 10.6%, topping projections for a mild uptick to 10.3%.

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