China Oct factory output growth slows, retail sales miss expectations
14 November, 2017, 19:11
Industrial output rose 6.2% in October from a year earlier, missing analysts' estimates of a 6.3% gain and down from a 6.6% increase in September.
China produced 283.54 million tonnes of coal in October, up 1.5 percent from a year ago, the data from the National Statistics Bureau showed. (Note that previous year, October retail sales disappointed consensus while November surprised sharply to the upside.) Also, while this shopping spree was initiated by online shops, increasingly traditional stores are being forced into offering discounts on the day to stay in competition. According to a researcher at Bank of China Ltd.'s Institute of International Finance in Beijing, Gao Yuwei, "Today's data look a little slower because we had better readings in September, but it doesn't indicate the economy's going down", and "China will end the year with a good performance".
Chinese industrial enterprises reported total profit of 5.58 trillion yuan ($840 billion) in the first nine months of the year, up by 22.8 percent year-on-year.
But the world's second-largest economy has started to show signs of fatigue, with momentum seen slackening further as Beijing's crackdown on debt risks curbs demand and tighter pollution rules hits factory output.
Gross domestic product grew 6.8 percent in the third quarter, a touch slower than the 6.9 percent pace in the first two quarters.
Economic growth is within a reasonable range, Liu Aihua, a spokeswoman at NBS, told reporters. Analysts say that fiscal stimulus might also be pared back. "However, these drags continue to be partly offset by still strong infrastructure spending". This distortion is becoming larger with the rapid growth of online sales - Alibaba's single day sales reached Rmb168 bn this year, up 39.4% from last year. "But this support seems unlikely to last given that local governments are set to reduce spending in the final months of the year in order to meet budget targets". "The economy is fundamentally strong in other areas.industrial production is only moderating, it's still at really high levels", SHKF's Short said.
However, he seems to have changed his tune and is keen to face McGregor himself in a fantasy fight that could generate millions. McGregor - who remains under contract to UFC - is yet to respond to De La Hoya's comments.
The gearshift paddles and steering wheel gain a gold-coloured satin finish that's repeated on the inside of each door. The phrase reads: "Life is measured in achievement, not in years alone", a quote by McLaren's founder, Bruce McLaren.
It's thought the prehistoric imbibers of Georgia may have stored their wine in large jars underground, leaving them to ferment. What's more, it was decorated with blobs that the researchers say could be meant to depict clusters of grapes.
In April, Drogba explained: "Roman Abramovich always made the right decision, even when it was the most hard decision". Drogba has been playing for Phoenix since the turn of the year, where he has scored 10 times in his 14 appearances.
The brightly coloured talking robot uses Bluetooth to pair with a phone or tablet through an app, but the connection is unsecured. The I-Que Intelligent Robot, has previously featured on Hamleys top toys Christmas list and is available from Argos and Hamleys.
Earlier this month an unnamed European airline said it meant to buy at least 31 of the C-Series planes. Its presence is "adding confidence about the long-term success of the program", he said November 2.
But Duke (2-0) will have its hands full Tuesday against a team that returns the majority of its rotation players from last season. The Blue Devils got big contributions from its freshmen starters and Allen, who averaged 20 points through the first two games.
But before we get to see another Gal-power movie (lol), she'll be gracing the silver screen as Diana Prince in Justice League . She was also joined at the event by her Wonder Woman co-star Connie Nielsen .
DIS is rated as a Sell using the approach to investing of Louis Navellier and his Portfolio Grader stock evaluator. Finally, Scopus Asset Management L.P. grew its stake in Walt Disney Company (The) by 275.0% in the 1st quarter.
The Firm owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States. The stock rose 0.54% or $0.62 reaching $114.76. (NYSE:EXR) earned "Hold" rating by Cantor Fitzgerald on Wednesday, November 1.
For the other factors that went into the warning, the quarter-century since has not been as productive - not by a long-shot. Humanity is now being given a second notice, as illustrated by these alarming trends.
Wolfenstein 2: Microsoft Xbox One X vs Sony PS4!
You can head over to the Black Friday page on Microsoft's website to find out more about the many deals that it's offering. Now through November 18: Get an Xbox One S console starting at $249, and choose an additional game as a bonus.
Act surprised: OnePlus phones have a hidden backdoor
The user can access manual tests like root status test, Global Positioning System test or the main activity by sending a command. Unlike the user data collection issue, this new PR headache might not be entirely OnePlus's fault.
Geely Acquires Flying Car Startup Terrafugia
The Chinese automaker has acquired a U.S. company trying to bring a flying vehicle to market in 2019. The company's first product will be the Transition , which is promised for a market launch in 2019.
The Early 2018 World Series Favorites
People expected this young Yankees team (which still has more significant talent on the way from AAA) to start competing in 2018. Taking into account a few articles and odds listings that are already out there, here’s our look at the top contenders. 1.