Analysts said Beijing’s economic policies have proved too mild against the trade war launched by US President Donald Trump. Photo: Simon Song

China’s latest financial data paints a bleak economic outlook amid trade war with US

  • New yuan loans, a key source of funding for growth, halved in October from September
  • Fiscal revenue, the source of government efforts, recorded a rare drop in October from the same month a year earlier
Topic |   China economy

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Analysts said Beijing’s economic policies have proved too mild against the trade war launched by US President Donald Trump. Photo: Simon Song
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