China September industrial output +5.5%, retail sales beat forecasts

China's September industrial production rose 5.5% year-on-year, beating the 5.4% consensus, while retail sales grew 1.1%, well above the 0.5% expected. The data suggests resilience in the world's second-largest economy, though retail growth remains modest, indicating uneven recovery. This could support risk appetite for China-exposed assets and commodities.