Retail sales and industrial output are also seen growing in December from a year earlier against a low base of comparison - in late 2022, the country was dealing with a massive Covid-19 outbreak. The start of the year has brought mixed news. Figures on Friday showed China's consumer prices falling in December for a third month, their longest deflation streak since 2009. Exports, though, are showing signs of stabilisation despite having dropped throughout 2023, a first since 2016.
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