Asian Session – China economy continues to slow; dollar up on stimulus hopes
Posted on January 19, 2016 at 8:19 am GMTEconomic growth in China slowed in the final quarter of 2015 to 6.8% year-on-year, in line with estimates. The figure was the lowest growth since the financial crisis in 2009, while annual growth for the whole of 2015 eased to the slowest since 1990 at 6.9%. In other data release today, industrial production in December came in slightly below expectations at 5.9% and retail sales also disappointed at 11.1% versus estimates of 11.3%. Fixed-asset investment in urban areas also continued [..]