1. China’s economy still faces downward pressure, slowing investment growth

China’s economy still faces downward pressure, slowing investment growth

China's economy is still in a period of adjustment and facing downward pressure, a spokesman for the statistics bureau said on Friday.

By: | Beijing | Published: August 12, 2016 9:37 AM
China's economy is still in a period of adjustment and facing downward pressure, a spokesman for the statistics bureau said on Friday. (Reuters) China’s economy is still in a period of adjustment and facing downward pressure, a spokesman for the statistics bureau said on Friday. (Reuters)

China’s economy is still in a period of adjustment and facing downward pressure, a spokesman for the statistics bureau said on Friday.

Investment growth is slowing, statistics bureau spokesman Sheng Laiyun told reporters after the bureau published China’s July activity indicators.

The decline in private investment growth is not only related to a lack of market access to services and emerging industries, but also related to funding, policy implementation challenges, Sheng added.

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