China's economy slows in April as trade war blues hit retail sales and housing
Forrás:
Euronews.com
2 napja
Industrial production in China has slowed due to high tariffs imposed by the US and retaliatory duties from Beijing. Retail sales rose 5.1% in April, below expectations, as consumers remain cautious due to a downturn in the housing market. The consumer price index fell 0.1%, indicating weak demand. Manufacturing output rose 6.1%, but pressures from trade complicate economic recovery. Fixed asset investment increased by 4%, while property investments fell by 10.3%. Experts suggest that uncertainty from tariffs is affecting consumer behavior and the housing market. Teljes cikk (Euronews.com)