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China data – industrial production & retail sales for August both beat expectations

China August activity data – all indicators coming in stronger than central median survey estimates.  
Industrial Production 5.6% y/y … BEATIndustrial production YTD 0.4% y/y … BEATFixed Assets (excluding rural) YTD -0.3% y/y … BEATRetail Sales 0.5% y/y … BEATRetail Sales YTD -8.6% y/y … BEAT

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Date: September 15, 2020, 12:05