Growth in infrastructure investment decreased to 4.2 per cent in the first 10 months of this year, down from 4.5 per cent in the year to September. Photo: Xinhua

China continues small stimulus steps to boost infrastructure projects in face of economic slowdown

  • State Council has relaxed the minimum capital ratio requirement for some infrastructure projects to 20 per cent from 25 per cent to boost growth
  • The government has so far rebuffed calls for large-scale easing, but is continuing with a series of small steps to help flagging economy
Topic |   Infrastructure

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Growth in infrastructure investment decreased to 4.2 per cent in the first 10 months of this year, down from 4.5 per cent in the year to September. Photo: Xinhua
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China’s industrial production, a measure of growth in sectors such as manufacturing, mining and utilities, expanded by 4.7 per cent cent last month, down from 5.8 per cent in September. Photo: Bloomberg

China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low

  • Industrial production grew by 4.7 per cent in October, down from 5.8 per cent in September, and below analysts’ forecasts
  • Retail sales and fixed asset investment growth also declined in October, as pressure builds on Beijing to arrest the downturn in the economy
Topic |   China economy

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China’s industrial production, a measure of growth in sectors such as manufacturing, mining and utilities, expanded by 4.7 per cent cent last month, down from 5.8 per cent in September. Photo: Bloomberg
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