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.

‘House’ Star Hugh Laurie Blasted by Left After Standing with Sophie Cunningham and Her Fight to Keep Men Out of Women’s Sports

No Death Penalty: Tyler Robinson’s Attorneys Launch Plan to Keep Charlie Kirk’s Accused Murderer Off Death Row – and It Could Work

Mark Lynch endorses Ralph Norman as congressman heads into runoff against Darline Graham

Newsom-appointed judge who freed migrant before fatal stabbing said justice ‘sometimes means a dismissal’

Will Ferrell’s ‘The Hawk’ is unfunny and uninspired

Vincent Pastore, 1946-2026

Mexican national faces federal charges after CBP finds $238K in fentanyl inside electric moped

NYPD cop found guilty of chokehold in first conviction since restraint tactic banned after George Floyd death

Detransitioners reveal how doctors pushed them toward life-altering treatment as teens

White House exposes ‘Transshipment Scam’ costing US up to $26B, points finger at China

Live bullet found aboard United flight forces passengers off plane for security sweep at Denver airport

Woke Colorado School District Teaches 5-Year-Olds Sexual Anatomy Using Images So Bad We Refuse to Post Them – By Age 7, It Gets Far Worse

Marco Rubio gets 68 new jobs in epic White House birthday gift inspired by viral meme

Watch: Bystander Appears to Capture New B-21 Raider Stealth Bomber Flying Low Over Wichita

HHS warns Texas hospitals against denying life-saving care to newborn with disability

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.