🇨🇳CHINA’S ECONOMY STUMBLES - TARIFF TRUCE, BUT DAMAGE DONE

China’s April numbers are in: industrial output slowed, retail cooled, and the U.S trade war is still punching holes in Beijing’s growth story.

Sure, a 6.1% output beat expectations - but momentum’s fading, deflation looms, and factories tied to U.S exports are quietly sending workers home.

Trump’s tariff rollercoaster may have hit “pause,” but 30% duties still hang over China like smog over Shenzhen.

Beijing’s answer? Cut rates, flood liquidity, and pray the July Politburo meeting doesn’t come with more bad news.

Source: Reuters