China's factory output and consumer spending weakened last month as a trade war with Washington grew, adding pressure on Beijing to shore up shaky economic growth.
Wednesday's unexpectedly weak data prompted suggestions Beijing needs to boost stimulus spending and bank lending to hit this year's official economic growth target of 6% to 6.5%. President Xi Jinping's government has expressed confidence the economy can withstand U.S. tariff hikes in their fight over Chinese technology ambitions and other trade irritants.
Category PacificAsiaexJapanStk