A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China. Photo: ReutersA worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China. Photo: Reuters
A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China. Photo: Reuters

Trade war helps push China’s private manufacturers to the brink, as investment hits all-time low

  • China manufacturing investment, mainly funded by private businesses, is expanding at the lowest rate since records began
  • Trade war has helped drive down private investment, but domestic factors such as Beijing’s crackdown on shadow banking have heightened concerns

Topic |   US-China trade war
A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China. Photo: ReutersA worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China. Photo: Reuters
A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China. Photo: Reuters
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