The leader of South Korea’s ruling party has resigned after the vote

China’s stock market missed expectations in November, adding to pressure on policymakers as they seek to restore confidence in the world’s second largest economy.

Retail sales rose 3 percent, below analysts’ forecasts of 4.6 percent and an increase of 4.8 percent in October. Industrial production in November rose 5.4 percent, more than expected.

The move comes just days after China held its annual Central Economic Work Conference, where party leaders called for “vigorous” efforts to boost consumption.

In the property sector, where the slowdown has caused a major problem for policymakers, new housing prices continued to decline, albeit at a slower pace than in previous months. Stock sales are down 10.4 percent so far this year.