| China's output of key industrial commodities including coal and steel remained weak in November amid chronic oversupply as slowing construction demand took its toll. The world's second-biggest economy has been hit by weak demand at home and abroad, factory overcapacity and challenges posed by its transition to a consumption-led growth model from one reliant on investments.
Analysts see further slowing of the economy in 2016, from the government's targeted 7 percent growth for this year, which would be the slowest in a quarter of a century. "Chinese demand is likely to disappoint. Our house view is for slowing growth in 2016, and importantly the mix is moving further towards less commodity-intensive services sectors," analysts with ANZ Research said in a commodities note on Friday...............................................Full Article: Source
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