Well we are in business again I think: (excuse the posting on...

Well we are in business again I think: (excuse the posting on this rare occasion). But likely to lead to better senitment this afteroon.

LOS ANGELES (MarketWatch) -- China's industrial output rose 12.3% on year in August, up 1.5% from July in its fourth straight rise, the National Bureau of Statistics said Friday. The gain was wider than a 10.8% on-year gain in July and beat expectations for 12.0% rise, according to a Dow Jones Newswires survey. In other August data Friday, the consumer price index fell 1.2% on year, roughly in line with expectations for a 1.3% drop, while the producer price index was down 7.9%, matching the forecast in the Dow Jones poll. Retail sales rose 15.4% on year, the bureau said. Meanwhile, urban fixed-asset investment for the January-August period rose 33.0% on year.