Chinese Industrial Production Surges 12.4% In November

Chinese industrial production for November surged 12.4% y/y, below economists' estimates and versus October's 13.2% rise.

Urban fixed-asset investment climbed 24.5% during the January-November period, versus 24.9% in January-October, and versus estimates of 24.7%. Chinese retail sales climbed 17.3% y/y, versus a 17.2% rise in October.