China’s Economy Strains Under Disappointing Data

China’s economy showed more signs of strain Monday as the country published weak data for industrial output, investment and retail sales, amid a lingering trade war with the United States.

Industrial output grew by 4.4 percent year-on-year throughout August, falling to its lowest level in 17 years and down from 4.8 percent in July.

The figure was well below analyst expectations, with a Bloomberg survey of analysts predicting heartier growth of 5.2 percent.

“We must be aware that international instabilities and uncertainties are increasing significantly, and that at home economic structural issues are still prominent and the downward pressures on (the) economy are mounting,” said Fu Linghui, a spokesman for the National Bureau of Statistics, which released the data.

Retail sales also slipped to post growth of 7.5 percent — 0.1 percent down on the previous month and a knock to Beijing’s aims to boost domestic consumption.

Oregon Cattle Rancher Accuses Amazon Data Center of Poisoning Local Water Supply

Texas Man Fatally Shoots Two People Who Allegedly Followed and Attacked Him

Trump admin conducts another deadly attack on ‘low-profile vessel’ perpetrating ‘narco-trafficking operations’

White House says no to Catholic bishops’ call for Christmas pause in immigration enforcement

FCC announces ban on new Chinese-made drones over national security concerns

20% of NYC mayor-elect Mamdani transition appointees have anti-Zionist ties: ADL

ICE arrests 100+ illegal alien truckers in major sweep after deadly crashes across multiple states

Democrat lawmakers call on Trump to withdraw rule limiting green cards for people on welfare

Epstein File Photos Give ‘Powerful Reminder’ of Bill Clinton’s Scandalous Past

Angel Studios ‘DAVID’ opens to studio’s best box office weekend

Pentagon taps Musk’s xAI to boost sensitive government workflows, support military operations

Multiple fatalities reported as Mexican Navy plane crashes off Texas coast, recovery effort underway

Fact Check: Did Education Secretary Linda McMahon Change the Meaning of Basic Words with ‘New Spelling Guidelines’?

2020 Stolen Election Bombshell: Fulton County Admits 300,000+ Votes Were Illegally Counted in Georgia, Where Trump ‘Lost’ by 11,779

Exclusive Photos: JD Vance joins Navy SEAL training, pushes limits in grueling workout

Investment in fixed assets saw year-on-year growth of 5.5 percent in the first eight months of the year, 0.2 percent less than the first seven months, including a slight dip in crucial real estate investment.

All three sets of data fell short of analyst expectations, with Bloomberg predicting 7.9 percent growth in retail sales and 5.7 percent growth in investments.

China’s gross domestic product (GDP) growth slowed to 6.2 percent in the second quarter of the year — the weakest pace in almost three decades.

“For China to maintain growth of 6.0 percent or more is very difficult against the current backdrop of a complicated international situation and a relatively high base, and this rate is at the forefront of the world’s leading economies,” Chinese Premier Li Keqiang was quoted as saying in an interview with Russian media which was published on the Chinese government’s website.

The People’s Bank of China said earlier this month that it would cut the amount of cash lenders must keep in reserve, in a bid to release more money into the stuttering economy.