Consumer Slowdown in China Sparks Worry Amid Factory Boom – Reuters
Beijing, China – As China’s factories ramp up production, concerns linger over a persisting slump in consumer spending. Despite a boost in manufacturing output, data reveals a slowdown in retail sales and investment, signaling challenges ahead for China’s economic recovery. The ongoing trade battle with the United States adds complexity to China’s bet on manufacturing, increasing risks for the nation’s economic stability. While manufacturing plays a critical role in China’s economy, it also exposes the …