China's economy lags in July under pressure from tariffs, weak property market https://www.taxtmi.com/news?id=52609 China's July slowdown combined decelerating industrial output and retail sales with falling newly built housing prices, amid tariff related trade uncertainty that has led manufacturers to slow hiring, production and investment and to redirect shipments to alternative markets. Property investment and residential investment were substantially down, developer distress since the pandemic reduced household wealth and jobs, and weakened housing demand contributed to lower consumer spending, higher unemployment and falling wholesale prices despite government measures to ensure construction and support sales. en-us Fri, 15 Aug 2025 11:01:03 +0530 Fri, 15 Aug 2025 11:01:04 +0530 TaxTMI RSS Generator China's economy lags in July under pressure from tariffs, weak property market https://www.taxtmi.com/news?id=52609 China's July slowdown combined decelerating industrial output and retail sales with falling newly built housing prices, amid tariff related trade uncertainty that has led manufacturers to slow hiring, production and investment and to redirect shipments to alternative markets. Property investment and residential investment were substantially down, developer distress since the pandemic reduced household wealth and jobs, and weakened housing demand contributed to lower consumer spending, higher unemployment and falling wholesale prices despite government measures to ensure construction and support sales. News - Fri, 15 Aug 2025 11:01:03 +0530 https://www.taxtmi.com/news?id=52609