Fixed Asset Investment Tumbles in August, Primary Industry Investment Collapses

Fixed asset investment rose 7.8 percent YTD and 3.8 percent in August.
Private FAI increased 6.4 percent YTD and 3.0 percent in August.

Private investment in primary industries has been double digits for months on end, but fell to 1.5 percent in August. Although it is only 4 percent of total private investment, it is the beginning of the economic cycle. It may be China is finally cracking down on overproduction.

NBS: 2017年1-8月份民间固定资产投资增长6.4%
NBS: 2017年1-8月份全国固定资产投资(不含农户)增长7.8%

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