| | FT.com / World / Asia-Pacific - China’s fixed investment jumps 26% (via CobWeb/3.1 planetlab2.cs.unc.edu) (Site not responding. Last check: 2007-11-02) |
 | | Fixed urban asset investment rose 26.4 per cent year-on-year in the five months to May, with the heaviest spending in new coal mines, oil, power stations, steel and railways, all areas where there have been severe bottlenecks in recent years. |
 | | Although monthly investment statistics in China are difficult to interpret because of the way they are collected, Thursday's release is consistent with this week's industrial output figures, which recorded a higher-than-expected rise of 16.6 per cent in the year to May. |
 | | The growth rate of recorded investment also traditionally tends to slow towards the end of the year, leading some commentators to suggest that the government could still reach its target for a rise in 2005 of 16 per cent. |
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