中国市场-当前三件关键事项-China_ Three things in China

21 December 2025 | 7:09PM HKT Economics Research China: Three things in China Three quick highlights from China: n November activity data weak: China's domestic activity stayed sluggish, with industrial production, retail sales, and fixed asset investment (FAI) all missing expectations. Retail sales growth dropped to 1.3% yoy—the lowest since the Covid pandemic—due to limited consumer goods trade-in subsidies and a payback from earlier online sales festivals. Single-month FAI continued to post double-digit ...