China's investment crash raises credit risks for homebuilders, banks, government: Fitch

Government

China's sharp investment downturn is amplifying credit risks across the economy, particularly homebuilders, real estate, banks and construction sectors, Fitch Ratings has warned, as a slowing economy crimps their growth and the ability to repay debt. Fixed-asset investment in China, or FAI, declined 3.8% in 2025 to 48.52 trillion yuan ($6.8 trillion) — the first annual decline in decades — as a deepening property slump and tighter constraints on local governments' borrowing have hampered one of

Tag-uri: Real Estate

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