China's consumption slide deepens as tariff war bites

China’s consumption slides for third straight month as tariff war with US bites

China said Saturday that consumer prices slumped again in April reflecting persistent challenges as leaders attempt to revive the economy.

Chinese consumers are spending less amid trade war and economic headwinds

As U.S. and Chinese officials sit down for their first talks on tariffs in Geneva this weekend, China’s tone remains defiant. It insists that the U.S. requested the talks, and that China will “never kneel” down to the Trump administration’s economic coercion.China’s plan is to try to offset the tariffs and shrink external demand for its products by pumping up domestic demand. This week, it rolled out a major stimulus package that includes more s…

China's factory-gate deflation deepens as trade war bites

BEIJING (Reuters) -- China's factory-gate prices posted the steepest drop in six months in April while consumer prices fell for a third month, underli

China’s consumption slide deepens as tariff war bites

China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington. The world's second-largest economy has grappled with persistent deflationary pressure in recent years, as longstanding woes in the property sector

China's consumption slide deepens as tariff war bites

BEIJING: China said on Saturday (May 10) that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington. The world's second-largest economy has grappled with per

Consumer prices in China continue to fall. Those who go shopping may be happy about it - but the government wants the opposite, because development poses risks to the economy.