"Alarming" Chinese Beige Book Reveals Dire Economic Situation, Fewest Profitable Companies On Record

``Despite the fact that  "official data on industrial production, retail sales and fixed-asset investment all exceeded forecasts for November, while consumer inflation perked up and a slide in imports moderated," the CBB suggests "national sales revenue, volumes, output, prices, profits, hiring, borrowing, and capital expenditure were all weaker than the prior three months," Bloomberg reports.''