World Trade· August 17, 2026 at 03:36 p.m.
China's Economy Shows Signs of Prolonged Slowdown
Key takeaways
- Industrial output and retail sales declined in July
- China's economy posted one of its weakest quarterly growth rates ever
The Chinese economy is exhibiting signs of a prolonged slowdown, as industrial output and retail sales declined in July following one of the country's weakest quarterly growth rates ever. This development puts pressure on Beijing to implement measures aimed at boosting economic activity.
