Single month year-on-year contractions:
Jilin -30.8%
Heilongjiang -33.4%
Inner Mongolia -14.6%
Liaoning -43.5%
Other provinces in contraction (some not listed below): Shanghai, Jiangsu, Zhejiang, Shandong, Henan, Hunan, Chongqing, Guizhou, Yunnan, Shaanxi, Gansu, Ningxia.
Provincial real estate investment growth after the jump.
Lumbering Giant
-
FEEDI heard a fellow on the radio singing the praises of the U.S. growing
at a blistering 1.6% rate. I guess any news is good news in an election
year, right?
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