China: Investment records weakest expansion in over a decade in 2013

In the full year 2013, urban fixed-asset investment excluding rural households (FAI) rose 19.6% over the same period of the previous year. The growth rate was below the 20.6% tallied in 2012. The print marked the lowest print since 2002 and slightly undershot market expectations of a 19.8% increase. The deceleration seen over the course of 2013 reflects weaker growth in industry, which was partially offset by stronger growth in the primary and the services sectors.

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