China’s growth slows to weakest in at least 27 years as trade war takes its toll
More upbeat June factory output and retail sales offered signs of improvement, but analysts warn that the gains may not be sustainable
15 July 2019 - 11:36
Beijing — China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure.
While more upbeat June factory output and retail sales offered signs of improvement, some analysts cautioned the gains may not be sustainable, and expect Beijing to continue to roll out more support measures in coming months...
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