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  • China July FAI, IP, Retail Lower Than Estimates

    From marketnews.com

    China's fixed-asset investment, industrial production and retail sales were lower than expected in July, while property investment ticked up, according to data released by China's statistics bureau on Tuesday. Here are five things MNI highlights from the data: - Fixed asset investment (FAI) growth from January to July extended its downward trend faster than estimates, leading to the lowest number recorded since the data was first compiled in 1992. FAI grew 5.5% in the January to July period, faster than the 6.0% median in an MNI survey where 18 forecasters participated. Despite stronger growth of property investment ... (full story)

Nothing to do with tariffs .. the writing was on the wall but everyone will blame them .
Debt to gunnels.

The world was waiting for China to over take USA.. Its suddenly in reverse
Not only lower than estimates, lower than previous. And if you check the chart fixed asset and retail sales is decreasing in the last 8 years.
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