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  • China’s activity data deteriorated further in October, underscoring still-lacklustre domestic demand…
  • …The weakness in FAI remains the focal point; it is on course to have its worst-performing year since 1994.
  • Excess property inventory will take some time to digest; the market will now focus on December’s CEWC.

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Keywords for: 17 November 2025 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence