More Warning Signs From China's Economy

“Following the release of Chinese economic and money/credit data last week, there has been much confusion in the investment industry over whether or not Chinese economic growth is finally picking up. Having carefully examined all the data, we do not find evidence of a meaningful pick-up in growth.” – BCA Analytics Another day, another warning about the state of China’s economy. This time, the warning comes from analysts at BCA Analytics who are extremely concerned about China’s deteriorating capital spending. Specifically, BCA’s research shows that the growth rate in private fixed asset investment, excluding infrastructure, dropped to an all-time low…