China’s August data showed a widening divergence between industrial production and domestic demand. Industrial production accelerated from 4.5% to 5.2% year on year, beating the 4.8% consensus. In contrast, retail-sales growth slowed from 0.6% to 0.4%, missing expectations of 0.8%, while year-to-date fixed-asset investment deteriorated from -6.7% to -7.2%, weaker than the -7.0% forecast. The […]The post China Industrial Production Accelerates, but Retail and Investment Lose Ground appeared first on ActionForex.