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China's industrial output increased by 3.8 percent year on year

In November, industrial production in China increased by 3.8 percent, while retail sales rose 3.9 percent, falling short of market forecasts.

China's industrial output increased by 3.8 percent year on year

On the Asian side, while debt rollover problems in China and the statements of policy makers continue to occupy the agenda, industrial production in the country exceeded expectations with an annual increase of 3.8 percent in November, according to the data released today.

In the same period, retail sales in China fell by 3.9 percent, falling short of market forecasts. On the other hand, in the face of the developments in the economy, the People's Bank of China injected 500 billion yuan of liquidity into the market through medium-term loans.

MIXED TRACK IS WATCHED IN ASIAN EXCHANGE
With these developments, a mixed course was observed in Asian stock markets before the Fed's interest rate decision. Close to the closing, Shanghai composite index in China decreased by 0.1 percent and Hang Seng index in Hong Kong decreased by 0.2 percent, while Nikkei 225 index in Japan increased by 0.1 percent.

 

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