China growth slows as trade turmoil weighs on economy
Original Publication Date: July 15, 2025 | Updated: July 15, 2025
China's latest economic growth has slowed down due to ongoing trade turmoil with the country's exports and imports declining significantly. The tension between Beijing and Washington over currency manipulation, intellectual property rights, and technological development restrictions has had a significant impact on China's economy. The nation's latest quarterly growth has fallen to its lowest level since the beginning of the pandemic, raising concerns among government officials and financial experts.
The uncertain global economic outlook, exacerbated by the conflict in Russia and Ukraine, and the prolonged pandemic recovery, has led to decreasing demand for Chinese goods. This combined with the nation's stringent zero-COVID-19 policies and escalating lockdowns have also contributed to the economic slowdown. The Chinese government is concerned about the prolonged real estate crisis, with high inventories of unsold houses lying idle across the country, failing to boost sales.
In an attempt to mitigate the economic downturn, Beijing has introduced a variety of measures, including accelerating debt issuance for infrastructure construction and real estate projects. They have also urged banks to provide affordable loans to promote consumption and injected liquidity into the financial system, hoping to bolster economic growth in the short term. Despite these efforts, many analysts are predicting that China's economy will continue to slow down in the next few quarters unless decisive actions are taken by government officials.
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