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Economy

China pushes for tariff rollback as economy sputters

Trade war with US sends key industrial and investment indicators falling in October data

Slowdowns in Chinese industrial output have spread to goods that previously defied the trend, including steel.   © Reuters

BEIJING -- The U.S.-China trade war continues to sap the world's second-largest economy, data released Thursday shows, as Beijing demands that Washington remove tariffs as part of an initial trade deal.

Chinese industrial production climbed 4.7% on the year in October, the National Bureau of Statistics reported. But that pace was 1.1 percentage point slower than for September, when across-the-board improvement in economic indicators stoked optimism among China watchers.

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