Related Article: China's economy slumps amid Trump's trade war - finance.yahoo.com - Friday, August 15, 2025, 7:54:29 AM Eastern Daylight Time
Target: Chinese Central Government and National People's Congress
Goal: We call for robust social and economic policies to safeguard jobs, income security, and public services in the face of ongoing trade disputes and economic instability.
The latest data from China's National Bureau of Statistics reveals a sharp slowdown in economic growth, with retail sales and factory output both falling below expectations. The ongoing trade war with the United States has created significant uncertainty, while the property sector's decline has eroded household wealth and consumer confidence. Extreme weather events have further disrupted industrial production.
As economists warn of an overreliance on state spending and a lack of sufficient fiscal support, millions of working people face job insecurity and reduced incomes. Without strong government intervention, the most vulnerable will bear the brunt of this crisis. Now is the time to prioritize public investment, strengthen social safety nets, and ensure that economic recovery efforts are inclusive and sustainable.