Most signs point to slower growth in 2019
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Publication Date:
November 29, 2018
The Conference Board Leading Economic Index® (LEI) for China suggests that the downward pressure on economic growth eased off in October, but it will take a couple more months to confirm if this is a trend. Fixed asset investment (FAI) growth increased slightly in October, and infrastructure FAI rebounded, but investment in real estate development weakened. Investment growth in real estate construction and manufacturing is likely to weaken further into early 2019, and retail sales growth dropped again in October.
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