EconomyChina’s economy shows signs slowdown may be extending

China’s industrial output and retail sales growth weakened in July after one of the country’s poorest quarterly growth rates on record. The figures are likely to increase pressure on Beijing to support activity through tax and spending measures. Premier Li Qiang called for stabilising external demand to offset weak domestic demand.

China economyeconomic slowdownindustrial outputretail sales

TThe Guardian★★★★☆2026-08-17 15:36Original