China's Factory Output, Retail Sales Slowed in October

The video discusses recent economic data from China, focusing on retail sales, industrial production, and fixed asset investment. Retail sales increased by 10%, slightly below the expected 10.5%, possibly due to the Singles Day effect. Industrial production and fixed asset investment also showed slight declines. The overall economic growth forecast remains at 6.7% for the year, with a moderate slowdown expected. The video also explores the impact of inflation and policy implications, suggesting continued moderate tightening in China's rate environment.

What was the forecast for full year growth mentioned in the text?

What theory was proposed regarding the impact of Singles Day on retail sales?