Retail sales expanded at the fastest in eight months in October, exceeding forecasts from 29 economists surveyed by Bloomberg, signaling a crucial upswing in consumption.
There are preliminary signs that policies are intended at rebalancing the economy and its growth model. Whether the mild recovery can continue next year depends on what additional policies will be rolled out.
Boosting domestic demand is pressing after last week's reelection of Trump, given the potential for a 60% tariff on most Chinese imports threatening the export sector.
China's benchmark CSI 300 Index briefly erased losses after the data release, but closed 1.8% lower as concerns over the US rift outweighed signs of economic stabilization.
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