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The headlines of China's August activity data are missing the real story in recent months.
Industrial production growth in China appears to be stabilising, following the slowdown in Q2.
Official industrial production growth in China plunged to 5.4% year-over-year in April, from 8.5% in March.
Next week is a big one for China. The five yearly Party Congress opens on Wednesday, and on Thursday, the monthly raft of activity data is published, along with Q3 GDP.
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