Economics
Earliest China Data Signal Growth Intact at Slightly Weaker Pace
- Trade disputes are weighing on the outlook for some analysts
- Steel gauge leaps to 2-year high as activity resumes in spring
Workers sort packaged sausages on a production line that manufactures Shuanghui branded sausages at a WH Group Ltd. facility in Zhengzhou, China, on Thursday, April 13, 2017.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China’s economy showed slight signs of moderation in April as trade tensions continued to add uncertainty to the outlook.
Sales managers indicate growth lost some momentum, a satellite gauge of manufacturing edged down to the lowest level of this year, and one survey shows trade war talk weighing on expectations for the next 12 months. Even so, steel industry sentiment is the best in two years as construction resumes after winter.