In accordance with Coinotag, China’s fixed-asset investment (FAI) fell over 11% year-over-year in October 2024, marking the sharpest monthly decline since early 2020. The drop is attributed to the government’s anti-involution campaign targeting industrial overcapacity, alongside weak demand and sector-specific challenges. Analysts warn the slump could pressure fourth-quarter GDP growth, as investment accounts for nearly half of the economy.
China's Fixed-Asset Investment Drops 11% in October 2024 Amid Anti-Involution Policies
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