China’s Property Investment Fell 19.2 Percent While High Technology Investment Rose 5.0
China’s July activity data disappointed on every headline measure. Industrial value added grew 4.5 percent from a year earlier, down from 5.3 percent in June. Retail sales of consumer goods rose 0.6 percent, down from 1 percent. Fixed asset investment excluding rural households fell 6.7 percent across the first seven months, having fallen 5.7 percent…
