Fixed-asset investment in the mainland fell during the first 10 months of the year, with huge decreases in coal and textiles, an ominous sign of future economic weakness. International Business, the newspaper of the Ministry of Foreign Trade and Economic Co-operation, yesterday published investment figures which fell 4.3 per cent to October to 441.188 billion yuan (about HK$411.62). It means companies are not confident in future growth, and also means less business for construction and equipment firms. The biggest falls were in coal, down 36.4 per cent to 10.19 billion yuan; textiles, down 29 per cent to 8.61 billion yuan; and oil, down 13.1 per cent to 57.96 billion yuan. Investment in the energy sector fell 6.1 per cent, with electricity down 0.4 per cent to 165.1 billion yuan. Investment in raw materials rose 0.9 per cent to 72.96 billion yuan, with forestry up 20.4 per cent to 483 million yuan, metals up 1.1 per cent to 27.51 billion yuan and non-ferrous metals down 2.4 per cent to 7.37 billion yuan. Machinery and electronics investment rose 1.4 per cent to 52.9 billion yuan. Also released yesterday was the revelation that at least one-sixth of money held in private bank deposits belongs to companies and institutions secretly using these accounts. The Beijing Morning News quoted People's Bank of China report which said of the nearly six trillion yuan in individual deposits, at least one trillion yuan was loans to companies and institutions, which costs the state five billion to six billion yuan in annual interest payments. Dai Xianglong, central bank governor has said the problem was extremely serious, as money could be laundered this way. The bank is considering introducing regulations that require people to use their real names when opening an account.