China’s Economy Was Losing Steam Even Ahead of Trump’s New Tariffs

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China’s Economy Was Losing Steam Even Ahead of Trump’s New TariffsIndustrial output, retail sales and investment all slowed more than economists forecast. The state sector continued to boost investment while private business eased off, and growth in manufacturing investment came in at the slowest pace in data dating back to 2004. Faltering credit and consumption at home coupled with a weaker global economy means China is running out of steady growth engines right when it needs them.


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