China factory output slows but consumption offers bright spot
Government
BEIJING: Growth in China's factory output hit a six-month low last month as trade war pressures bit, official data showed Monday (Jun 16), while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy. The United States and China this month agreed to a temporary truce in a standoff that saw tariffs hiked to eye-watering levels and upended global supply chains. But the impact of the row was highlighted by official figures showing industrial production rose just 5.
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