UPDATE 1-China approves $13 bn worth of fixed-asset investment projects in Aug

#China aprobó proyectos de inversión en activos fijos por valor de 13 mil millones de dólares en agosto. El planificador estatal de China dijo el miércoles que había aprobado seis proyectos de inversión en activos fijos. #trading #bolsa #forex #OOTT #DXY

update-1-china-approves-13-bn-worth-of-fixed-asset-investment-projects-in-aug Photo

BEIJING (Reuters) - China’s state planner said on Wednesday it had approved six fixed-asset investment projects across the country worth a combined 88.2 billion yuan ($13.03 billion) in August.

Meng Wei, a spokeswoman for the National Development and Reform Commission, disclosed the figures in a press briefing where she also gave some fixed asset investment data for the western region.

Fixed asset investment in China’s western region grew 2.1% in the first seven months of the year, she said, adding that local governments there should be strictly on guard against debt risks.

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