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China's Fixed Asset Investment Contracts 5.7% in H1

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China's fixed asset investments fell 5.7% year over year in the first half of 2026 to 22.64 trillion yuan, according to data from the National Bureau of Statistics released Wednesday.

The reading was sharper than the 4.1% contraction recorded in the January-May period. It was also worse than the consensus forecast of a 5% contraction tracked by Investing.com.

Investment in infrastructure declined 2.4% year over year, while manufacturing sector investment fell 1.2%. Spending in the utilities sector likewise dropped 2.7%.

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