December 1, 2025 01:32 PM GMT China Financials | Asia Pacific Tracking industrial risks: further notable slowdown in manufacturing FAI growth to help contain risks more quickly Key Takeaways Manufacturing firms' liability and capex growth slowed further amid steady progress of capacity control: Industrial firms' and manufacturing firms' total liability growth moderated to 5.0% yoy and 5.9% yoy, respectively. Overall gap between FAI and IP declined to -1.7% with continued slowdown in FAI growth. We believe c ...