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          Inflation rebounds to 2%

          China saw a rebound in inflation for the first time in five months as well as the slowest growth pace for industrial output in three years in August.

          China's FDI inflow falls for third month

          Foreign direct investment into China fell for the third consecutive month in August as global economic woes continued to weigh heavily.
          China's non-financial ODI slows in Jan-Aug

          China's fiscal revenues rise 4.2%

          China's fiscal revenues grew 4.2 percent year-on-year to 786.3 billion yuan ($124 billion ) in August, the Ministry of Finance said Tuesday.

          China's new lending rises to 704b yuan

          China's new yuan-denominated lending in August rose to 703.9 billion yuan ($111.7 billion), an increase of 155.5 billion yuan from a year earlier.

          China's August retail sales up 13.2%

          China's retail sales rose 13.2 percent year-on-year in August, 0.1 percentage points higher than the growth rate in July.

          China's fixed-asset investment slows

          China's fixed-asset investment increased 20.2 percent year-on-year in the first eight months of the year, 0.2 percentage points slower than the growth of the January-July period.

          China's exports remain weak

          China's exports improved slightly in August, indicating prolonged weakness in the global economy, data from General Administration of Customs showed.

          Industrial output continue to slow

          Industrial production and investment have continued to falter in China, dimming hopes for a robust recovery in the world's second-largest economy this year.

          China Aug PMI hits 9-month low

          China's manufacturing activity further slid in August with the purchasing managers index standing at 49.2 percent, the lowest pace in nine months.

          Major Figures

           

          Aug July
          Price Indexes
          CPI

          2%

          1.8%

          PPI

          -3.5%

          -2.9%

          Growth Indexes
          GDP

          -

          PMI

          49.2

          50.1

          Retail

          13.2%

          13.1%

          Fixed-asset investment 

          20.2%

          20.4%

          Industrial output

          8.9%

          9.2%

          Trade Indexes
          Export $178b

          $177b

          Import $151b $152b
          Surplus $26.7b $25.2b
          Financial Indexes
          New loans

          $112b

          $85b

          M2

          $14.6t

          $14.4t

          FDI

          $8.3b

           
          Other Indexes
          Fiscal revenue

          $124b

          $169b

          Home sales (floor space)

          -4.1%

          -6.6%

          Power consumption  

          +4.5%

           

          Opinion

          Wary of investment risks

          The local government investments should be injected into "right" projects. The investment into high-pollution and high-energy consuming manufacturing projects should be limited.

          Domestic demand engine for growth

          China's manufacturing activity fell to a nine-month low as domestic firms struggled with economic troubles at home and abroad.

          Comment

          Please leave your comment here.

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