China data deteriorates

Monday, 14 September 2015

Chinese August data was out over the weekend and continued to weaken. August industrial production came in at 6.1% versus 6.4% expected and it continues to trend downwards:

All important fixed asset investment faded as well to 10.9% versus 11.1% expected:

Retail sales fared a little better in at 10.8% versus 10.5% expected, following seasonal patterns:

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.