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China’s MIIT expects industrial output to grow around 5.6% this year

China’s Ministry of Industry and Information Technology  (MIIT) is out with its latest forecasts on the Chinese manufacturing sector.

Key Details:

Industrial production was +6.2% y/y in November vs. 4.7% in October, its highest in five months.

Projects around 5.6% growth for the year in total.

  • China: SME activity improved further in December – Standard Chartered
  • China to lower import tariffs on some goods From Jan 1 – State Media

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