
Data Bytes
Fixed Asset Investment Growth in China's Tier 1 Cities Remained Positive
The fixed asset investment in three of China's tier-one cities - Shenzhen, Guangzhou and Shanghai - increased on an annual basis in the first seven months of 2020.

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China's Enterprise Revenue Growth Decelerated in July
The software industry continued to outperform the other remaining few of China's industries that were almost not affected by the COVID-19 crisis

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Federal tax receipts in Brazil dropped in July
Tax revenues collected by the federal government dropped by 15.8% y/y to BRL 116bn in July

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Investor Confidence in China Hit 16-Month High in July
China's investors' confidence index improved for the fourth consecutive month in July 2020

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China's Central Government Budget Deficit Increased in July
China's central government deficit increased to RMB 476.8bn in July