China is experiencing an unprecedented decline in investment:
Fixed-asset investment in China fell -1.7% YoY during the first 10 months of 2025, the worst decline on record.
In October alone, investment dropped -12.0%, marking the 5th consecutive monthly decline.
Property investment remained the biggest drag, falling -14.7% YoY in the first 10 months of the year.
Infrastructure spending rose just +0.1% YoY, despite ongoing stimulus.
Growth momentum in the world's 2nd-largest economy is fading fast.
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China is experiencing an unprecedented decline in investment:
Fixed-asset investment in China fell -1.7% YoY during the first 10 months of 2025, the worst decline on record.
In October alone, investment dropped -12.0%, marking the 5th consecutive monthly decline.
Property investment remained the biggest drag, falling -14.7% YoY in the first 10 months of the year.
Infrastructure spending rose just +0.1% YoY, despite ongoing stimulus.
Growth momentum in the world's 2nd-largest economy is fading fast.