Stimulus effect: China industrial output growth rebounds in Nov

China’s industrial production surprised on Saturday with its best showing since June, the latest indication that government stimulus measures may be driving a recovery in the world’s second largest economy. Output at factories, workshops and mines increased 6.2 per cent last month from a year ago, the National Bureau of Statistics said, the first increase since August and a significant jump from October’s figure of 5.6 per cent.

Accompanied by higher than expected numbers for retail sales, the figures cap off a good week for economic data from China, a leading engine of global expansion whose slowing growth has raised concerns in world markets.