China press upbeat - 'investment picks up', 'overall labor situation has “stabilized."'

Author: Eamonn Sheridan | Category: News

Caixin says of yesterday's data out of China:

  •  If you guessed yesterday that China's investment growth is picking up, congrats! Official data confirms it. But it's not all good news - jobs are taking a hit.
  • Growth in China's investment picks up thanks to infrastructure, property spending
  • Despite a general sentiment of a gloomy employment outlook, the bureau said that the overall labor situation has "stabilized." In China's 31 major cities, the number was 5.0% last month, 0.3 percentage points higher than in December.
its not a totally gushing report, some of the negatives are noted also - link here 

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Yesterday's data is here ITYMIC:

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