SCOREBOARD: Chinese cracker

New data shows the US and Chinese economies stepping up, while Australia wallows in a pit of mining despair.

We’ve got the world's growth engines firing up – the US accelerating, ditto China – yet in Australia, we’re still moping around talking about recession or some fanciful growth slowdown. The fact is we saw another great set of jobs figures from the US on Friday, complemented by a surge in consumer credit growth ($14 billion in October).

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