Logo 18 May 2026

Economy slows further as Iran war starts to bite

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China's economy is slowing sharply. Per data released by the stats bureau (NBS) on May 18, industrial value-added (IVA) grew 4.1% y/y in April – the slowest rate in almost three years.

Within that, manufacturing growth slowed to 4.0% y/y.

The slowdown in manufacturing was partly driven by Middle E...