The data released over the past month suggested that growth of Australia's major trading partners continued around its long-term average, while inflation remained low globally, particularly in the large advanced economies. In China, growth looked to have been a bit stronger in the second half of the year than in the first half and, for 2013, was likely to be around, or even a little above, the government's 7. 5 per cent target. House prices and transaction volumes had increased further in recent months and most indicators of activity had remained strong. The net flow of financing declined in October from its high ... (full story)