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<p>China data.</p><p>The activity data is centred on 3 indicators: industrial production, retail sales and fixed asset investment.</p><p>That's a very impressive beat on Retail Sales in particular. </p><p>More:</p><p>Nationwide jobless rate 5.5%</p><ul><li>expected 5.8%, prior 5.7%</li></ul><p>The data from the property sector is very soft indeed, as you'd expect:</p><ul><li> China 2022 funds raised by Chinese real estate developers -25.9% y/y  </li><li>China 2022 property sales by floor area -24.3% y/y (biggest fall since this data was made available in 1992)</li><li>China 2022 new construction starts -39.4% y/y  </li><li>China 2022 property investment -10.0% y/y (the first fall since the record began in 1999)</li></ul><p>Chinese authorities have rolled out a series of support policies targeting homebuyers and property developers in recent weeks. These are aimed at relieving the long-running <a href="https://www.forexlive.com/terms/l/liquidity/" target="_blank" id="633aaf0b-b4a1-40c5-8fbe-bf158af520a1_1" class="terms__main-term">liquidity</a> squeeze that has hit developers and delayed the completion of many housing projects.</p>

                This article was written by Eamonn Sheridan at www.forexlive.com.