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News in English (USA) / 10.05.2025 / 15:00

China Faces Deepening Economic Challenges Amid Ongoing Trade War

China is grappling with significant economic headwinds as the ongoing trade war with the U.S. continues to impact its economy. Recent reports indicate that consumer spending is declining, with fears of a spiraling deflation as consumer prices fell for the third consecutive month. The Producer Price Index (PPI) also saw a considerable drop, indicating weakening demand amid rising tariffs. Protests have erupted among workers demanding back pay, further highlighting the economic strain on the populace. Despite attempts to stimulate the economy and pivot exports to domestic markets, concerns grow over the sustainability of these measures and the potential for further turmoil in the job market. The challenges faced by Chinese manufacturers and consumers alike underscore the profound effects of the trade conflict.
Yahoo Finance, NPR, Bloomberg, The Economist, Le Monde.fr, WSJ, foreignpolicy.com, WKRC, CNBC, South China Morning Post