China Economy May Be Bottoming Out, Private Gauges Show
This article is for subscribers only.
China’s growth may be bottoming out as big data indicators of industrial output and the property market improve in December, private gauges show.
While official data showed industrial production and retail sales weakening last month, U.S.-based DeepMacro LLC’s gauges for this month look a “bit better,” it said in a Dec. 17 report. That indicates market bearishness toward China is overdone, said the firm, which provides big data and machine-learning investment strategies.