Real estate bust drives another China data miss (members)

David Llewellyn-Smith

Wednesday, 13 August 2014

China’s July data dump is out and missed on most estimates. Industrial Production hit the 9% expected:

But fixed asset investment came in at 17%, short of 17.4% expected:

And retail sales were 12.2% verses 12.4% expected:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.