China’s exports face pressure due to external uncertainties, firms face more difficulties

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Its been a bit of a disappointing set of data from China today:

• China July data: Retail sales +3.7% y/y (exp +4.6). Industrial prod +5.7% y/y (exp 5.9%)
• China July factory output, retail sales miss forecasts, highlight growth challenges
• China July China home prices show continued falls both m/m and y/y

Now this, China stats bureau spokesperson:

• China’s exports face some pressure due to external uncertainties, some firms face more difficulties

Given the tariffs its hardly surprising.

This article was written by Eamonn Sheridan at investinglive.com.

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