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China Beats Across The Board With Key December Activity Data. GDP Matches Estimates
China on Friday released activity data for December as well as quarterly and full-year GDP numbers, giving the market a comprehensive health check on the world's second-largest economy at a critical juncture.
Much to the delight of already bullish market participants, the numbers are solid across the board.
Industrial production rose 6.9% YoY last month, well ahead of the 5.9% consensus was expecting, and better than the most optimistic estimate (6.5% was the top end of the range). Retail sale
The truce will only last as long as Trump is up for re-election. If he wins in November all bets are off for everyone. From his perspective he will have nothing to lose after that.