Economics
China's Stabilizing Growth Removes Fed Hurdle, Adds to Debt Pile
- Bloomberg monthly China GDP tracker rose to 6.85% in November
- Industrial output gains 6.2% last month, retail sales up 11.2%
China's Economy: the Outlook for 2016
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China’s latest round of data showed fresh evidence of stabilization in the world’s second-largest economy, clearing a potential hurdle for higher borrowing costs in the biggest as Federal Reserve Chair Janet Yellen and her colleagues meet this week.
Bloomberg’s monthly China gross domestic product tracker picked up to a 6.85 percent estimated growth pace for November, the best reading since June, after reports Saturday on industrial production, retail sales and fixed-asset investment all exceeded forecasts.