BEIJING -- China's industrial production growth slumped in August to the lowest since the global financial crisis, official statistics released Monday showed, illustrating the U.S. trade war's toll on the manufacturing sector.
The 4.4% on-year rise in industrial production -- the lowest since 3.8% in early 2009 -- was down 0.4 percentage point from July, defying forecasts for an improvement. Retail sales and investment growth also slowed.
