The Australian Dollar got a lift Wednesday from some broadly upbeat Chinese economic data. February’s industrial production rose by 7.2%, a full percentage point above expectations. Fixed-asset investment rose by 7.9%, when a 7% gain had been expected. Retail sales were the weak point, but even they were fairly perky. Sales rose by 9.7%, just below the hoped for 9.8% gain. Beijing expects the Chinese economy to grow by about 6.5% this year, according to the target released this month at the National People’s Congress. China-watchers think that this commitment to a relatively sedate target mans that China is ... (full story)