sunny.png
Thursday May 23rd, 2019 9:03PM
6:31PM ( 2 hours ago ) Weather Alert

China's factory output, retail sales weaken amid tariff war

By The Associated Press
Related Articles
  Contact Editor

BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified.

Wednesday's data prompted suggestions Beijing will need to prop up economic growth with more government spending.

Government data showed growth in factory output decelerated to 5.4 percent over a year earlier from March's 8.5 percent growth.

Growth in retail sales declined to 7.2 percent over a year ago from the previous month's 8.7 percent.

Manufacturers have been battered by President Donald Trump's tariff hikes on Chinese imports. The escalating dispute has fueled unease among Chinese consumers, depressing domestic demand.

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Economy
© Copyright 2019 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
China's factory output, retail sales weaken amid tariff war
China's April factory output and consumer spending weakened as tariff war with Washington intensified
12:30AM ( 14 minutes ago )
Anxiety, hope as church schools delay reopening in Sri Lanka
Catholic officials and parents in Sri Lanka are hopeful that church-run schools will begin to reopen this week for the first time since last month's devastating Easter Sunday attacks on churches and hotels
12:25AM ( 18 minutes ago )
Asian stocks follow Wall Street higher
Asian stocks follow Wall Street higher after Trump downplays impact of tariff war with Beijing, says resolution possible
12:15AM ( 29 minutes ago )
Associated Press (AP)
Candidates vow next Australian prime minister will last
Both candidates vying to become Australia's prime minister in elections Saturday are promising to stay in the job for the entire three-year term and shut the revolving door to high office
10:55PM ( 1 hour ago )
Staffer: Illinois newspaper editor resigns to spare layoffs
A staff writer for Illinois' capital-city newspaper says its editor has resigned to spare more layoffs
10:44PM ( 1 hour ago )
Tiffany Haddish, stability mark ABC's 2019-20 schedule
ABC is launching a spinoff of its comedy "black-ish" this fall, one of a handful of new shows coming to the network in the 2019-20 season.
9:24PM ( 3 hours ago )
AP Business
Escalating trade war causing anxiety in America's heartland
The escalating trade war between the U.S. and China is creating anxiety among rural farmers and bankers
5:31PM ( 7 hours ago )
Trump looks to highlight energy exports in Louisiana
President Donald Trump will highlight his administration's efforts to ramp up liquefied natural gas exports as he visits a new plant in southwest Louisiana
3:31PM ( 9 hours ago )
Stocks rise, recover half of Monday's trade-induced nosedive
Stocks clawed higher and regained some lost ground following a rout over trade war anxiety
2:28PM ( 10 hours ago )
AP Business - Economy
Anxiety, hope as church schools delay reopening in Sri Lanka
Catholic officials and parents in Sri Lanka are hopeful that church-run schools will begin to reopen this week for the first time since last month's devastating Easter Sunday attacks on churches and hotels
12:25AM ( 18 minutes ago )
Asian stocks follow Wall Street higher
Asian stocks follow Wall Street higher after Trump downplays impact of tariff war with Beijing, says resolution possible
12:15AM ( 29 minutes ago )
Bruins beat Carolina 2-1, take 3-0 series lead
Chris Wagner, Brad Marchand score as Boston Bruins beat Carolina Hurricanes 2-1 for 3-0 series lead in Eastern Conference final
12:01AM ( 42 minutes ago )
LEADING OFF: Guerrero connects, Garver injured, Harper hurt
LEADING OFF: Guerrero hits first 2 HRs of big league career, Garver injured tagging out Ohtani, Harper hurts knee on catch
12:00AM ( 44 minutes ago )
AP source: Sabres hire Ralph Krueger as coach
AP source: Buffalo Sabres hire Ralph Krueger as coach in attempt to end eight-year playoff drought
11:59PM ( 44 minutes ago )