China's Growth Engine Stalls as Investment Falls

A historic shift is underway in the world's second-largest economy. For the first time, China's total investment in its three key economic pillars is projected to decline this year. This marks a profound change for a nation whose decades-long building boom reshaped global trade and growth. The expected slump covers investment in manufacturing, infrastructure, and property. Economists see this as a major turning point. China's development model has long relied on heavy spending in these areas to drive expansion. Now, that engine is cooling. The change carries significant implications for the global economy, which has depended on Chinese demand for commodities, machinery, and construction. The focus within China is now shifting toward consumer spending and advanced technology sectors.