China’s economic activities have continued to slow down in August, as a bundle of key indicators fell short of expectations, keeping pressure on Beijing to roll out stimulus amid a prolonged property slump and ongoing trade tensions with the West.
According to data released by the National Bureau of Statistics (NBS) on Sept. 15, industrial production growth slowed sharply in August, rising by 5.2 percent year over year compared to July’s 6.8 percent gain. It missed the 5.7 percent rise expected by economists surveyed by Reuters and represented the worst performance in 12 months.
Retail sales, a measure of consumer spending, expanded by 3.4 percent in August from a year earlier, down from the 3.7 percent increase in July and marking the weakest level since November 2024….
China’s Economic Slowdown Deepens, Official Data Show
