China's economy has experienced a slowdown, with a growth rate of 5.2% in Q2 2023, hindered by trade turmoil and a declining property market.

• Economic growth decreased from 5.4% in the previous quarter.
• China’s National Bureau of Statistics indicated that growth was aided by a 6.4% expansion in manufacturing.
• June saw retail sales growth slow to 4.8%, while new home prices fell at their fastest rate in eight months.