business · 2 outlets · 2 linked reports
China's Investment Slump Deepens as Property Drags On
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Summary
- China's fixed-asset investment fell 4.1% year-on-year in January–May 2026, more than double the expected 2.0% drop and worse than the 1.6% decline through April.
- Property investment remained the main drag, sinking 16.2%, while infrastructure and manufacturing investment growth nearly stalled.
- Tertiary-sector investment fell further (-6.8%), underscoring a broad slowdown beyond real estate.
- The weakness extends a trend from 2025, when fixed-asset investment fell 3.8% for the full year.
The question
China's slowing investment is a drag on the global economy.
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