- -8.7% y/y (survey -2.5%, prior 6.9%).
- -3.6 % ytd ( prior -3%).
FDI in China dropped 8.7% in july from a year earlier to 7.58 bln $ . Investment in the first seven months of the year fell 3.6% to 66.67 bln. $ , after a 3 % drop in the January to June period.
Would take take this as a slight negative for the CNY and filtering to AUD/USD at 1.0490/95
