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China’s economic recovery strengthened in October, with consumer spending picking up steadily and industrial production and investment rising faster than expected.
Industrial output, a gauge of manufacturing, mining and utilities output in the Chinese economy, rose 6.9 per cent in October from a year earlier, compared to a median estimate for a 6.7 per cent increase in a Bloomberg poll, showed data released by the National Bureau of Statistics on Monday.
That's in line with the 6.9 per cent growth in the previous month, hitting the fastest growth since March . . .
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