On September 16, China published disappointing numbers for industrial output, investment, and retail sales. se statistics led to signs of more strains in China’s ecomy amid tre tensions with United States. In July industrial output was recorded at 4.8 per cent, which fell to 4.4 per cent in August. It was lowest growth recorded in last 17 years. Or sectors of investment and retail saw a slight decline. According to Bloomberg survey by ecomic analysts, growth was predicted to reach 5.2 per cent, but results show a major decline from expected mark.

Fu Linghui, spokesperson for National Bureau of Statistics stated that, "We must be aware that international instabilities and uncertainties are increasing significantly, and that at home, ecomic structural issues are still prominent and downward pressures on () ecomy are mounting,". statement came after release of data.

Drop-in Sales and Investment 

On or hand, sales statistics also dropped by 0.1 per cent relative to previous month which was recorded at 7.5 per cent. decline also affected Beijing’s aims to increase domestic consumption. In investment sector, data recorded year-on-year growth of 5.5 per cent for fixed assets in initial eight months. Although growth was 0.2 less than initial seven months. Investments in real estate were also recorded slightly below estimated mark. 

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Failed ecomic predictions 

data published in Bloomberg predicted 7.9 per cent growth in retail sector and 5.7 in investments. However, real statistics led to disappointment and unfulfilled expectations. All three sets failed to meet mark predicted by analysts. In second quarter of year, China's gross domestic product (GDP) was recorded at 6.2 per cent. This is considered as weakest and slowest growth in past 3 deces. Chinese Premier Li Keqiang said in an interview with Russian media which was later published on Chinese government's website, that

'For China to maintain growth of 6.0 per cent or more is very difficult against current backdrop of a complicated international situation and a relatively high base, and this rate is at forefront of world's leing ecomies.'

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China make reforms to boost ecomic growth

In order to bring back ecomic growth of China, People’s Bank of China anunced that it would cut amount of cash lenders keeping m in reserve. This will help boost ecomy by more amount of money circulating in ecomy. According to Martin Lynge Rasmussen who is a Chinese Ecomist at Capital Ecomics believes that 'With a strong rebound unlikely any time soon, we anticipate that policymakers will ease monetary conditions furr in coming months,'. It is unlikely to reach mutual consensus anytime soon. Washington and Beijing, however, will extend olive branches irrespective of tre war talks in coming month, with US delaying new rounds of tariffs by ar two weeks, hence China has exempted some of products from punitive duties. 

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