China’s 10-year government bond yield fell to around 1.80% on Friday, marking its third consecutive session of decline as investors sought safety in response to weak economic data. Fixed-asset investment contracted 1.7% year-on-year in January–October 2025, a notable deterioration compared with market forecasts and the previous month’s reading. In addition, industrial output eased to a more-than-one-year low of 4.9% in October, while retail sales posted its fifth consecutive month of deceleration and the weakest growth in over a year at 2.9%. Meanwhile, the only bright spot came from the labor market, where the unemployment rate inched down to a four-month low of 5.1%, slightly better than expectations and the prior month’s level. The latest economic data, together with a recent surprise contraction in exports, has heightened worries about China’s growth trajectory.

Octalas AI

Profit

Everyone's racing to cut costs. We're racing to create profit.

Start Selling through Service

Start Trial

Free for 14 days · No credit card required