Chinese Data Surprised to Downside in July. Tariff Delay Won’t Help Arrest Slowdown

<p>China’s economic data surprised to the downside in July. Delay in US tariff should have limited boost on China’s growth outlook. Industrial production gained +4.8% y/y in July, missing consensus of +5.8% and June’s 6.3%. The slowdown is the most severe since February 2009 and caught the market in surprise. Manufacturing PMIs compiled by government [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/224892-chinese-data-surprised-to-downside-in-july-tariff-delay-wont-help-arrest-slowdown/">Chinese Data Surprised to Downside in July. Tariff Delay Won&#8217;t Help Arrest Slowdown</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>