China's fixed asset investment growth hit record low

Omkar Godbole FXStreet Contributor

China's fixed asset investment in the first seven months of the year slowed to a record low, highlighting faltering business confidence.

The pace of investment slowed more than expected to 5.5 percent in January-July, the weakest on record going back to early 1996, according to data on Reuters Eikon.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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