China's economy slows in April as trade war blues hit retail sales, housing, investment https://www.taxtmi.com/news?id=44042 Escalating tariffs and reciprocal duties tied to the US-China trade confrontation reduced retail sales growth, slowed industrial production, and contributed to slight deflation in April. A paused tariff truce temporarily revived shipments and front loaded orders, but property investment and new home prices contracted, leaving the housing recovery uneven. Authorities emphasised support for employment, stimulating domestic demand, and preventing further price declines to stabilise production and incomes. en-us Mon, 19 May 2025 14:31:03 +0530 Mon, 19 May 2025 14:31:03 +0530 TaxTMI RSS Generator China's economy slows in April as trade war blues hit retail sales, housing, investment https://www.taxtmi.com/news?id=44042 Escalating tariffs and reciprocal duties tied to the US-China trade confrontation reduced retail sales growth, slowed industrial production, and contributed to slight deflation in April. A paused tariff truce temporarily revived shipments and front loaded orders, but property investment and new home prices contracted, leaving the housing recovery uneven. Authorities emphasised support for employment, stimulating domestic demand, and preventing further price declines to stabilise production and incomes. News - Mon, 19 May 2025 14:31:03 +0530 https://www.taxtmi.com/news?id=44042