Tag: fixed asset investment

China Renews Pledge to Embrace Private Sector as Private Investment Shrinks to 11-Year Low

February 20, 2023
ChinaChina Business & Economyfinancial idlingfixed asset investmentprivate sector
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Beijing once again pledged to embrace its private sector amid record shrinkage in the country’s private fixed asset investments, one of the main drivers of China’s economic recovery in 2021. China’s annual growth in private fixed asset investment has shrunk to 0.9 percent in 2022, the lowest in 11 years, despite Beijing’s renewed embrace of…

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China’s Absurd National Investment Data

December 12, 2022
fixed asset investmentnational statisticsOpinionThinking About China
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Commentary China’s fixed asset investment from January to October totaled 47.15 trillion yuan (about $6.78 trillion), a 5.8 percent year-on-year increase in the first 10 months of this year, according to a statement by the National Bureau of Statistics (NBS) on Nov. 15. Furthermore, fixed asset investment from the private sector increased 1.6 percent from…

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