Chinese fixed investment report for April 14 May 2016
- +10.7% prev
- fixed investment by pvt firms Jan-April +5.2% vs +5.7% in Q1
Completing the hat-trick of weaker than expected/previous data out from China earlier today.
Reuters have reported that China's banking regulator has sent an urgent notice to banks telling them to clear bottlenecks holding back lending to private firms.
Says the National Bureau of Statistics:
"Because the total amount of private investment is relatively large, its continued slowdown could restrain stable growth, and requires a high degree of attention."
Concerns for the Chinese economy and by default the world at large will grab the headlines once again.
