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.

Pro-Trump influencer Laura Loomer shifts toward Ukraine support

Trump questions Thune’s leadership as SAVE America Act stalls

Op-Ed: The First Amendment Isn’t Optional

Army veteran raves over Trump’s plan to ditch illegal alien truck drivers and hire vets

The generational divide over affordability in the Trump economy is all about housing

How One Congressional Resolution Could Save the Midterms: The GOP’s Hindu Vote Gamble

Troy Jackson swapped out Senate campaign official also behind the super PAC backing Abdul el Sayed

Mystery stranger vanishes after family says frantic warning saved their lives during devastating house fire

WNBA Headache Gets Bigger: More Sophie Cunningham Rallies Scheduled

Nancy Guthrie update: DNA couldn’t be profiled from crime scene hair sample, sheriff says

GOP gubernatorial candidate fighting to flip blue state unveils healthcare plan to lower costs, expand access

WATCH: GOP holdout rejects Trump threat as AG nominee standoff explodes

Influencer accused of targeting wealthy dating app matches back behind bars

Total Fraud: Adam Schiff Demands AI Political Parodies Be Banned, Forgets He Lied About Trump and Called It Parody in 2019

Mamdani’s ‘this is only the beginning’ announcement cracking down on food delivery tips sparks outrage

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.