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China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

  • China's October data revealed a cooling in industrial activity, with output slowing from a 6.5% rise the prior month and missing a 5.5% expected jump.
  • Fixed-Asset investment, which includes real estate, contracted for the first ten months and was worse than the 0.8% forecast, data from the National Bureau of Statistics showed Friday.
  • Retail sales rose last month, topping a Reuters poll's forecast while easing from September, and the survey-based urban unemployment rate ticked down from 5.2%.
  • After escalating trade tensions, a tariff truce was reached as U.S. President Donald Trump and Chinese leader Xi Jinping agreed last month to trim tariffs and suspend measures for one year.
  • The historic investment contraction from Wind Information shows the last fixed-asset investment decline was in 2020, combined with holiday-related factory activity and a property sector slump signaling broader economic strains.
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YUAN TALKS broke the news in on Thursday, November 13, 2025.
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