China's economy is sputtering?

Things aren't going great for Xi. Voldemort's instincts to negotiate with tariffs may not be so stupid. China deperately needs Americans to buy its good. We finally have some leverage.

Momentum in retail sales and industrial production slowed, while investment and the property market continued to struggle, according to data released Friday by China’s National Bureau of Statistics.

• Retail sales: +2.9% in October from the prior year, down from +3.0% in September

• Industrial production: +4.9% in October from a year prior, down from +6.5% in September

• Fixed-asset investment: -1.7% in the January-to-October period compared with the same period in 2024, widening from -0.5% in the first three quarters of the year

• Property investment: -14.7% in the January-to-October period from the same period in 2024, widening from -13.9% in the first three quarters

• Average home prices in 70 cities: -2.6% in October from a year prior, compared with -2.7% in September

• Urban unemployment rate: 5.1% in October, down from 5.2% in September

Earlier this month, China reported an unexpected contraction in exports in October. Producer prices also remained in negative territory for more than three years.