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.

Trump sending US military hospital ship to Greenland to ‘take care’ of sick

Anti-Voter ID Mamdani Pleads with Citizens to Show 2 Forms of ID to Sign Up for Emergency Snow Shoveling

Kentucky Christian Charter Schools Denied Public Funding by State Supreme Court

WATCH: Top 5 most memorable moments in American State of the Union history

DHS suspends TSA PreCheck, Global Entry as partial government shutdown continues

Grenell calls ice rink vandal a ‘terrorist’ as federal authorities hunt suspect in toxic attack

California woman hospitalized with chemical burns after portable charger explodes while sleeping

High school senior facing more than 300 felony charges in alleged sextortion scheme targeting minors: reports

Bianco says ‘Democrat policy is indefensible’ as GOP candidates top California governor polling

Pima County sheriff warns in NBC interview DNA tech issues in Nancy Guthrie case may take ‘months’ to resolve

Newsom weighs in on social media age restrictions, citing experience as a parent: ‘We need help’

FBI investigates criminal damage to federal ICE warehouse facility in Arizona

Hours After Publicly Appearing With Newsom, CA High Speed Rail Chief Arrested on Suspicion of Spousal Battery

Trump pulls endorsement from GOP lawmaker over alleged lack of support for administration’s tariff agenda

Is a Donald J. Trump Airport on Its Way? Big Move from Trump Family Suggests It’s Coming

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.