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China’s economy showing signs that slowdown may be extending

The Guardian World Monday 17 August 2026, 15:36 UTC By Richard Partington Senior economics correspondent 1 min read
Key Points

Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates everChina’s economy is showing signs of extending a slowdown with a slump in industrial output and retail sales in July, adding to pressure on Beijing to intervene with measures to support activity. After the world’s second largest economy posted one of its lowest quarterly growth readings on record in the three months to June, the latest figures suggest it continued to falter in July.

Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates ever

China’s economy is showing signs of extending a slowdown with a slump in industrial output and retail sales in July, adding to pressure on Beijing to intervene with measures to support activity.

After the world’s second largest economy posted one of its lowest quarterly growth readings on record in the three months to June, the latest figures suggest it continued to falter in July.

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Originally published by The Guardian World Read original →

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