August 2017 China Macro Data Recap

In China’s last economic dataset released before the 19th Party Congress begins in October, major industrial output and investment indicators weakened across the board in August, particularly in infrastructure and property-related activity. Money supply growth softened to a new all-time low as the PBOC’s monetary tightening campaign persisted, while imports are likely to slow in the coming months as producer price growth fades.

Posted September 15, 2017
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