China Chart of the Week

Nicholas Borst (Federal Reserve Bank of San Francisco)

Description

New figures from the National Bureau of Statistics revealed that fixed asset investment in China continued to decline, reaching the lowest level since December 2001. In particular, investment in the industrial sector and real estate development have fallen dramatically. China's recent efforts at targeted stimulus may be responsible for averting an even more rapid decline. Click here for our analysis of the difference between fixed asset investment and capital formation.

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