Chinese growth in retail sales weaker than expected
… Growth in China’s industrial output and retail sales came in weaker than expected, stoking fears that pockets of weakness were cropping up in the world’s second-largest economy. Industrial output in November grew 5.4% on a yearly basis, below the consensus forecast of 5.9%. Chinese retail sales rose 8.1% in November, its slowest pace since 2003 and 0.
