China releases new economic data under the cloud of US tariffs

Investment in China's property market fell by nearly 10% in the first four months of 2025 compared to the same period last year, according to official data. It comes in the wake of renewed trade tensions with the United States. But despite a minor drop in April retail sales, the economy showed resilience with manufacturing, beating expectations. Beijing has been seeking to boost domestic consumption, to offset expected drops in exports. The US and China announced a 90-day pause in their tariff war last week, following talks in Geneva.