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Historic Shift Underway in China’s Economy as Investment Slump Deepens

Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.

© Qilai Shen for The New York Times

An auto factory in Ningbo, China. The Chinese government has discouraged manufacturers of electric vehicles from engaging in ruthless competition.

Historic Shift Underway in China’s Economy as Investment Slump Deepens

Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.
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