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.

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