mandag 10. juni 2019

China Investment Cools as Tariff Fears Climb

Investment growth in China appears to have stalled as the country faces the uncertainties of its tariff war with the United States. All major categories of investment suffered declining growth in reports for April from March or four-month rates compared with first-quarter results, according to figures from the National Bureau of Statistics (NBS).

The agency has tried to downplay the diminishing results, reporting investment growth as "stable." But the latest data for the categories of fixed-asset investment (FAI), foreign direct investment (FDI), and outbound direct investment (ODI) are all down from previous growth marks. The across-the-board slippage comes despite the government's campaign to counteract economic "headwinds" with pro-growth policies, as well as first-quarter reports that were seen by some as a sign that the downturn was bottoming out.