Workers in a TMall.com warehouse gather orders from customers in Jiangmen, Guangdong Province, China. Jiangmen is situated in the Pearl River Delta economic zone which is one of China's leading economic regions and a major manufacturing centre. Tmall.com is a Chinese-language website for online retail. Photo: EPA-EFE
China economic growth slows sharply in April, even before higher US trade tariffs take effect
- Industrial production growth – the output of industrial sectors in China’s economy, including manufacturing – fell to 5.4 per cent from 8.5 per cent in March
- Retail sales, a measure of consumer demand in China, grew by 7.2 per cent in April, well below 8.7 per cent rate in March and lowest in 13 years
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US-China trade war: All stories
Workers in a TMall.com warehouse gather orders from customers in Jiangmen, Guangdong Province, China. Jiangmen is situated in the Pearl River Delta economic zone which is one of China's leading economic regions and a major manufacturing centre. Tmall.com is a Chinese-language website for online retail. Photo: EPA-EFE
Liu He, China's vice-premier, departing negotiations in Washington on Friday after a meeting with US Trade Representative Robert Lighthizer (foreground right) and US Treasury Secretary Steven Mnuchin. Photo: Bloomberg
China is a ‘kung fu master’ and can deliver ‘deadly punch’ to US economy in trade war, ex-official says
- China has many options for retaliating against the US and is likely to implement tariffs that go beyond trade in goods, a former top government official says
- Wei Jianguo, a former vice-minister in the Ministry of Commerce, says China has the ‘willingness to act to fight a prolonged war’
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US-China trade war
Liu He, China's vice-premier, departing negotiations in Washington on Friday after a meeting with US Trade Representative Robert Lighthizer (foreground right) and US Treasury Secretary Steven Mnuchin. Photo: Bloomberg