China's economy is projected to have continued its upward trajectory in November, with forecasts suggesting that industrial output and retail sales may have grown at a similar or slightly faster rate compared to October. These insights come ahead of the official data release scheduled for Monday, December 16, and are attributed to a range of stimulus measures implemented by the government.
In a separate development, the Chinese defense ministry has publicly addressed the recent surge in military activities around Taiwan. The ministry emphasized that decisions regarding military drills fall within China's purview, asserting that the People's Liberation Army remains vigilant against what it terms 'separatist forces.' Taiwan's defense ministry had previously activated an emergency response center in light of increased Chinese military presence in the region.
Although no specific drills were confirmed, the Chinese defense ministry indicated that military tactics are subject to change based on evolving circumstances. It reiterated its stance against any foreign support for Taiwanese independence, warning that such efforts are 'doomed to failure.' Following a period of heightened military activity, Taiwan's defense ministry reported a decrease in the number of Chinese military aircraft operating near the island, signaling a potential easing of tensions.