China’s industrial output growth slowed last month under the impact of US President Donald Trump’s tariffs, while retail sales softened as Beijing struggled with the twin economic challenges of the trade war and weak domestic demand.
The data, the first since the US and China agreed to slash tariffs last week in a trade war truce, showed that China’s industrial production expanded 6.1 per cent in April compared with a year earlier.
That was lower than 7.7 per cent growth in March but better than a forecast of 5.5 per cent by analysts polled by Reuters.
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