Growth in China slows when trading upset weighs on the economy

China’s economy has slowed down when the trades caused by US President Donald Trump’s tariffs and a prolonged crisis in the real estate market weighing.

Official data show that the second largest economy in the world has grown by 5.2% over the end of June, compared to the same time last year. This decreased from 5.4% in the previous quarter.

But the country is still avoiding a sharp decline, partly from the measures announced by Beijing to help maintain the economy and delicate tariff truce with Washington.

The economy “withstood the pressure and made a constant improvement, despite the problems,” China said in a statement by the National Bureau of Statistics.

Officials said the economic growth helped 6.4% of the expansion in production, and the increase in demand for 3D -printing devices, electric cars and industrial robots.

The country’s service sector – which includes areas such as transport, finance and technology – has also reached a profit.

But in June, retail growth slowed to 4.8% compared to a year, compared to an increase of 6.4% in May.

Also on Tuesday, official data showed a fall in new housing prices in China in June, providing the fastest monthly pace in eight months.

The data believes that the country’s real estate industry continues to fight despite several rounds of real estate prices.

Some economists expect China to miss its “about 5%” this year.

“The real question is how much. We believe that it will protect the floor in 4%, which remains a minimum politically acceptable level,” said Dan van, director of Consultancy Eurosia Group The BBC.

The war of tariffs between Chinese President Xi Jinping and Trump has led the US to the US -based collection of Chinese imports. In return, Beijing introduced 125%on some US goods.

These tariffs stopped after the negotiations in Geneva and London. Both sides now have until August 12 to reach a long -term trading transaction.

Washington also struck countries with close economic ties with China with big levies.