China's private investment that was growing above 30 percent back in 2011 and was supporting economy dropped to just 3.9 percent as of this month's release. In contrast, thanks to stimulus from the government public investments growing at 23.3 percent.
It is unlikely that state investments can turn around the economy.
Chart courtesy: Tom Orlik, Chief Asia Economist, Bloomberg.
Read more on China in our special coverage in China crisis Series and Renminbi Series


South Korea Industry Minister Heads to Washington Amid U.S. Tariff Hike Concerns
Oil Prices Climb as U.S. Cold Snap, Dollar Weakness Tighten Supply Outlook
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says
Gold Prices Hit Record High Above $5,500 as Iran Strike Fears Fuel Safe-Haven Demand
Australia Inflation Surprise Fuels Rate Hike Expectations Ahead of RBA Meeting
Asian Stock Markets Rise on AI Optimism Ahead of Fed Decision and U.S. Tech Earnings
Dollar Struggles as Policy Uncertainty Weighs on Markets Despite Official Support
China to Boost Brazilian Soybean Imports in Early 2026 Amid Price Advantage
U.S. Stock Index Futures Steady as Fed Decision and Big Tech Earnings Loom
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed




