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China industrial production has bottomed, but so has the inflation rate [ClearOnMoney]

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China industrial production has bottomed, but so has the inflation rate

Commentary

China industrial production has bottomed, but so has the inflation rate

23 Jan 2013 by Jim Fickett.

Recently China has updated statistics on industrial production and inflation through December. Industrial production seems very clearly past the bottom now:

Unfortunately, not only industrial output, but also inflation, has begun to rise again:

For now the government continues to succeed in steering a middle course between overheating and slowdown.