Chinese economic growth slows down in the face of Trump’s introductory disorder star-news.press/wp

The Chinese economy slowed in the face of commercial turmoil that led to US President Donald Trump’s tariff and a long crisis in the real estate market to grow.

Official figures show that the second largest economy in the world grew by 5.2 % in the three months until the end of June, compared to the same time last year. This decreased from 5.4 % in the previous quarter.

But the country has so far avoided a sharp shrinkage, in part due to the measures announced by Beijing to help support the economy and fragile definitions with Washington.

The National Bureau of Statistics said in the statement that the economy “withstood the pressure and an improvement steadily despite the challenges.”

Officials said economic growth had helped him to expand by 6.4 % in manufacturing, with high demand for 3D printing devices, electric cars and industrial robots.

The country services sector – which includes areas such as transportation, finance and technology – has achieved gains.

But in June, retail sales growth slowed to 4.8 % over the previous year, compared to an increase of 6.4 % in May.

Also on Tuesday, official figures showed a decrease in the prices of new homes in China in June, as it decreased at a monthly speed in eight months.

The data indicates that the real estate industry in the country continues the struggle despite several rounds of measures to support real estate prices.

Economist Joe Chengngang of the National University of Singapore said that analysts had a greater impact on the tariff on the Chinese economy, but the country is still “very flexible.”

He added that growth has been strengthened through exports, mainly due to the fact that companies that are accelerating to ship the goods before the possible new definitions or changes to the export strategy in China become.

Professor Joe said that the second half of the year is likely to be more nonexistent.

“As a result, a stronger government incentive may be needed. However, achieving the goal of the annual growth by 5 % is still on hand.”

But some economists expect China to miss the annual growth goal of “about 5 %” this year.

“The real question is how much,” Dan Wang, director of China at the Consulting Group in Eurasia told BBC.

The war of tariffs between Chinese President Xi Jinping and Trump has led the United States to impose a 145 % tax on Chinese imports. On the other hand, Beijing provided a duty of 125 % on some American goods.

This customs tariff was stopped after negotiations in Geneva and London. In front of the sides now until August 12 to reach a long -term trade deal.

Washington also struck countries with close economic relations with China with major drawings.