Investment in China's property market fell by nearly 10% in the first four months of 2025 compared to the same period last year, according to official data. It comes in the wake of renewed trade tensions with the United States. But despite a minor drop in April retail sales, the economy showed resilience with manufacturing, beating expectations. Beijing has been seeking to boost domestic consumption, to offset expected drops in exports. The US and China announced a 90-day pause in their tariff war last week, following talks in Geneva. Al Jazeera’s Katrina Yu breaks down the numbers from Beijing, China. Andy Mok is a senior research fellow with the Center for China and Globalization – that’s a think tank based in Beijing. He says the fact Chinese industrial output grew over 6% in April shows the resilience of the economy, even in the midst of a trade war. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://x.com/ajenglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com Check out our Instagram page: https://www.instagram.com/aljazeeraenglish Download AJE Mobile App: https://aje.io/AJEMobile #China #US #UnitedStates #DonaldTrump #TradeWar #Tariffs #Economy #TrumpTariffs #TrumpEconomicPolicy #TrumpTradePolicy #LiberationDayTariffs #XiJinping #AlJazeeraEnglish
China releases new economic data under the cloud of US tariffs
Investment in China's property market fell by nearly 10% in the first four months of 2025 compared to the same period last year, according to official data. It comes in the wake of renewed trade tensions with the United States. But despite a minor drop in April retail sales, the economy showed resilience with manufacturing, beating expectations. Beijing has been seeking to boost domestic consumption, to offset expected drops in exports. The US and China announced a 90-day pause in their tariff war last week, following talks in Geneva. Al Jazeera’s Katrina Yu breaks down the numbers from Beijing, China. Andy Mok is a senior research fellow with the Center for China and Globalization – that’s a think tank based in Beijing. He says the fact Chinese industrial output grew over 6% in April shows the resilience of the economy, even in the midst of a trade war. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://x.com/ajenglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com Check out our Instagram page: https://www.instagram.com/aljazeeraenglish Download AJE Mobile App: https://aje.io/AJEMobile #China #US #UnitedStates #DonaldTrump #TradeWar #Tariffs #Economy #TrumpTariffs #TrumpEconomicPolicy #TrumpTradePolicy #LiberationDayTariffs #XiJinping #AlJazeeraEnglish