An employee working on a medical glove production line at a factory in Huaibei in China's eastern Anhui province. Photo: AFP
China economic slowdown sparks debate over what caused the slump, and how Beijing should intervene
- How much of China’s economic slowdown is the fault of the US trade war is a topic of discussion, with many analysts pointing to structural issues in Chinese economy
- Economists also argue over the level of government intervention required to stimulate an economy that is growing at its slowest rate in decades
Topic |
China economy
An employee working on a medical glove production line at a factory in Huaibei in China's eastern Anhui province. Photo: AFP
A batch of data released by the National Bureau of Statistics on Monday showed that retail sales, a key metric of consumption in the world’s most populous nation, grew by 7.5 per cent, below analysts’ forecasts of 8.0 per cent expansion, and a decline on July’s 7.6 per cent growth. Photo: Bloomberg
China’s industrial growth slowed to new 17-year low in August, even before new US trade war tariffs took effect
- Industrial production, which measures industrial output grew at 4.4 per cent last month, down from 4.8 per cent in July and the lowest growth since February 2002
- Retail sales, a key metric of consumption in the world’s most populous nation, grew by 7.5 per cent, below analysts’ forecasts
Topic |
China economy
A batch of data released by the National Bureau of Statistics on Monday showed that retail sales, a key metric of consumption in the world’s most populous nation, grew by 7.5 per cent, below analysts’ forecasts of 8.0 per cent expansion, and a decline on July’s 7.6 per cent growth. Photo: Bloomberg