China's GDP growth to rebound to 8%

Beating market consensus forecasts.

According to Nomura, China's Real GDP growth to rebound to 8.0% y-o-y in Q4 from a low of 7.4% in Q3, underpinned by accommodative monetary and fiscal policies, inventory destocking coming to an end and a modest improvement in exports.

Industrial production growth is likely to rise to 10.6% y-o-y in December from 10.1%, as a return to more normal inventories lifts production.

Here's more from Nomura:

Fixed asset investment to rise slightly to 20.8% y-o-y (ytd) in December from 20.7% in November, driven by infrastructure investment and possibly real estate investment.

Retail sales are expected to grow by 15.6% y-o-y in December from 14.9%, aided by easier financing conditions and rising asset prices.