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.

Newsom’s ‘Golden State Start’ promises 400 free diapers per baby as California grapples with budget woes

U.S. military kills two alleged narco-terrorists in lethal strike on drug vessel in Eastern Pacific

Reckoning: Islamic Group with Terror Ties Set to Be Investigated by GOP

Trump Preparing to Fire FDA Commissioner Amid Nicotine Dispute and Pro-Life Outcry: Report

Video shows ICE officers arrest alleged MS-13 gang member described as ‘known suspected terrorist’ in Florida

Green Politician Wants to Limit Nursing Home Residents to 2.8 Oz of Meat per Week Due to Climate Change – That’s Less Than 1 Big Mac … Per Week

Obama Slammed for ‘Disgusting’ Decision to Speak at Event Organized by Man with Troubling Past

Utah Supreme Court justice resigns amid probe into alleged relationship with redistricting attorney

Fox News Campus Radicals Newsletter: Men admitted to all-women’s school, bizarre campus confrontation

James Comey criminal trial over ’86 47′ post set for July 15

Georgia mayor fires entire police department after officers complain about his wife in dispute

Virginia Democrat who helped lead state’s redistricting push also played part in killing it

Declassified Apollo mission UFO files challenge long-running Moon landing conspiracy theories

Human Remains Found Near Guthrie Home Create New Mystery, Fail to Solve Current One

Can’t Make It Up: Islamic Activist Behind ‘Muslims Only’ Waterpark Day Also Runs ‘Learing’ Center of Her Very Own

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.