Beijing has always prioritised stability and since the start of the trade war with the United States in July 2018, has chosen policy responses to strengthen employment and investment. Photo: Reuters

China ‘smoothing’ of economic data is distorting global growth and policy responses, study says

  • China’s growth rate varied by only 0.8 percentage points over the last 16 quarters, much lower volatility than any other economy in the world, Rhodium Group says
  • This has led to distortions in global economic growth estimates, since projections of economic health hamper the progress of China’s domestic reform
Topic |   China economy

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Beijing has always prioritised stability and since the start of the trade war with the United States in July 2018, has chosen policy responses to strengthen employment and investment. Photo: Reuters
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US President Donald Trump on Tuesday moved forward with plans to place a new 10 per cent tariff on Chinese goods. Photo: AP

China slowdown persists as industrial economy posts worst growth since February 2002

  • Industrial production – a measure of China’s industrial sectors including manufacturing and mining – grew by just 4.8 per cent in July
  • Retail sales, a key metric of consumption in the world’s most populous nation, grew 7.6 per cent in July, down from 9.8 per cent growth in June
Topic |   China economy

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US President Donald Trump on Tuesday moved forward with plans to place a new 10 per cent tariff on Chinese goods. Photo: AP
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