China’s economic growth has weakened considerably in July. Industrial output expanded at a slower pace than in June, rising just 5.7% year-on-year, while retail sales saw the slowest pace this year at 3.7%. Fixed asset investment also showed weakness, growing by only 1.6% during the first seven months of the year. This slowdown is attributed to the slumping property market and ongoing uncertainties surrounding US trade tariffs. While exports to Southeast Asia and Africa have partially mitigated some losses in the U.S. market, manufacturing activity remains soft with many companies postponing investments due to lingering trade tensions and uncertainty about government policy. The weakening economy has prompted calls for more stimulus measures from policymakers, who are currently exploring options like buying unsold homes and launching a new consumer loan subsidy program.