China’s Economic Slowdown in August Spurs Calls for Stronger Stimulus

Industrial output, retail sales, and home prices all weakened, prompting urgency for more aggressive economic measures.

China's industrial production grew by 4.5% in August, the slowest rate since March, missing economists' forecasts.
Retail sales increased by 2.1% year-on-year in August, down from 2.7% in July, reflecting weak consumer demand.
Home prices experienced the steepest annual decline in nine years, with a 5.7% drop across 70 cities.
Fixed asset investment rose 3.4% in the first eight months of 2024, slightly below expectations and down from previous months.
Economists and analysts are urging the Chinese government to implement larger-scale stimulus measures to counteract the economic slowdown.