China’s August Data Show an Economy Losing Steam, But Not Its Balance

China’s August Data Show an Economy Losing Steam, But Not Its Balance

China’s latest economic readings tell a tale of slowing momentum and lingering uncertainty. The numbers released Sunday cover everything from housing to shopping habits, and together they reveal a country still growing, but more cautiously than markets had hoped. The headline: housing prices fell again, down 2.5% year-on-year in August. That’s a smaller drop than […]

China’s economy shows signs of slowdown

China’s economy has shown signs of a general slowdown, with retail sales and industrial output growing at the most subdued rate this year amid the strains from a trade war with the US and domestic weaknesses, reports the Financial Times. Retail sales rose 3.4% year on year in August, data from the National Bureau of Statistics […]

China’s Economy Slows: Global Markets Brace for Impact

China’s economic data for August paints a picture of a slowing economy, with retail sales, industrial production, and investment all decelerating. This trend, coupled with rising unemployment and a struggling housing market, signals that the world’s second-largest economy is facing headwinds after a strong first half of the year. The data also suggests that Beijing’s anti-involution campaign… Source