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China's economy may face more stimulus as the US and China trade wars escalate

The key figures for economic activity, such as industrial production and retail, declined significantly last year, according to the figures published by the National Bureau of Statistics on Wednesday.

Industrial production, which measures production, mining and other sectors in China, increased by 5.4% in April compared to the previous year, significantly lower than analysts had expected. It was also a strong dip from last month, when the growth came in at 8.5%.

  China's economy had a steady start in 201[ads1]9

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