China’s Economy Losing Steam as Trade Conflict With U.S. Intensifies - News Summed Up

China’s Economy Losing Steam as Trade Conflict With U.S. Intensifies


BEIJING—An intensifying trade brawl with the U.S. is starting to take a heavier toll on China’s economy, as weakening foreign demand and sluggish domestic consumption cause Chinese manufacturers to significantly scale back production. The manufacturing slowdown, detailed in reports released Sunday, raises the prospect that China’s leaders will step up economic stimulus measures to prop up growth.


Source: Wall Street Journal September 30, 2018 11:03 UTC



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