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Maroc Maroc - WN.COM - Business - 15/Oct 07:28

China consumer spending falls as pressure on economy builds

China's consumer prices continued to fall last month, with official data highlighting the battle leaders face in trying to kickstart domestic spending in the world's number two economy while fighting a trade war with the US. Beijing has spent recent years grappling with a range of issues that have weighed on growth and consumer activity, including a persistent slump in the country's vast property market and high youth unemployment. That has been compounded by a renewed standoff with Washington since Donald Trump became US president and unleashed...

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