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Fixed-asset investment up 10.2% in Jan-Feb

China's fixed-asset investment grew 10.2 percent year-on-year to 3.8 trillion yuan ($586 billion) in the first two months of 2016. Growth picked up slightly from the 10 percent increase recorded in 2015, according to the National Bureau of Statistics. It marked an end to several years of continuous deceleration in the growth of China's fixed-asset investment, money used to purchase and build factories, machines, property and other fixed facilities. Investment slowdown is believed to be a major reason behind China's current weakness in demand and the main downside risk to the economy.