{"id":134349,"date":"2025-11-14T08:12:07","date_gmt":"2025-11-14T08:12:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/134349\/"},"modified":"2025-11-14T08:12:07","modified_gmt":"2025-11-14T08:12:07","slug":"chinas-economic-growth-softens-in-october-as-property-sector-drags-investment-further-down","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/134349\/","title":{"rendered":"China\u2019s economic growth softens in October as property sector drags investment further down"},"content":{"rendered":"<p>China\u2019s economic indicators showed fading growth momentum in October, underscoring <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/money\/article\/3332651\/chinas-property-sector-needs-stronger-stimulus-citigroup-economist?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">persistent domestic pressures<\/a> as investment cooled despite steady consumer spending while markets grappled with uncertainty from the trade war.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">National fixed-asset investment from January to October fell by 1.7 per cent, widening from the 0.5 per cent drop recorded in the first nine months and underperforming Wind\u2019s forecast of a 0.71 per cent decrease.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">A National Bureau of Statistics (NBS) official attributed the decline partly to increasingly cautious investor sentiment and the slowdown in the property market, but expressed confidence that Beijing would achieve its annual growth target.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe external environment is complex and challenging, while domestic competition is intense, and with declining investment returns, market participants have become more cautious in making investment decisions,\u201d said Fu Linghui, spokesperson for the bureau, at a press conference on Friday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cWith weaker corporate profitability and the reduced appetite of private investors, overall investment growth slowed.\u201d<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">He added that investment in real estate accounted for a 3 percentage point drag on overall investment, since the sector makes up a large share of the total.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s economic indicators showed fading growth momentum in October, underscoring persistent domestic pressures as investment cooled despite steady&hellip;\n","protected":false},"author":2,"featured_media":134350,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,607,91902,13826,219,44176,220,23767,91901,111,139,69,1570,13287,8037,91900,10000],"class_list":["post-134349","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-china","tag-chinese-presidents","tag-consumer-spending","tag-economy","tag-industrial-output","tag-markets","tag-national-bureau-of-statistics","tag-national-fixed-asset-investment","tag-new-zealand","tag-newzealand","tag-nz","tag-october","tag-retail-sales","tag-september","tag-the-us","tag-wind"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/134349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=134349"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/134349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/134350"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=134349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=134349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=134349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}