• China’s industrial output grew 4.5% in August from a year earlier, accelerating from the 3.7% pace seen in July, suggesting that the recent flurry of support measures may be starting to slowly stabilise a stumbling economic recovery.
  • The data released on Friday by the National Bureau of Statistics (NBS) beat expectations for a 3.9% increase in a Reuters poll of analysts, and marked the quickest rate since April.