China has released August economic numbers and the news is mixed. Industrial production is stable at 6.1%, retail sales likewise at 9% but fixed asset investment just keeps on falling at 5.3%: Turning to real state, sales by floor area are up 4% year to date: That suggests there is slowing ahead but it’s not
The post China builds apartments to Mars appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]