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Most Asian stocks are climbing higher, despite China’s Q3 GDP coming in slightly below market expectations at 6 percent. China’s September industrial production growth far exceeded market expectations at 5.8 percent, while retail sales posted an on-year expansion of 7.8 percent, in line with market expectations.China’s GDP figures should come as little surprise to investors, considering that we are in the midst of a slowing global economy. Markets appear to be placing the backward-looking economic indicators in their proper context, with investor focus primarily trained on future... Read More
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