- China's economy picked up steam last month, as demand rebounded thanks to higher government spending and a year-long credit and property boom.
- Industrial output rose 6.3%, retail sales expanded by 10.6% and fixed asset investment was unchanged at 8.1%, beating expectations across the board in August.
- While economic activity in China has cooled this year, it now appears less at risk of a hard landing than feared in 2015.
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