BEIJING: China’s fixed-asset investment, a main measure of government spending on infrastructure, rose at its slowest pace in more than 12 years in January-April, data showed Tuesday, fuelling calls for Beijing to act to boost the economy.

Growth in the world’s second-largest economy is decelerating, but leaders in Beijing say they want to wean the country off investment as the key driver of expansion and shift the focus to consumer spending.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details