US 's Industrial output expanded 6.1% YoY all of , much faster than analysts' predictions of 7.2% . China 's economy appears to be maintaining its momentum, despite the continuous crackdown on polluting industries, and a move to reduce risks in the financial system. Investments by state firms rose 9.2 percent over the period, though the gap between public and private sector investment narrowed over last year. However, trade tensions with the US make the future uncertain. US President Donald Trump has threatened to impose tariffs of up to $60bn of Asian imports, targeting the tech and telecommunications industries, in particular.
US 's Industrial output expanded 6.1% YoY all of , much faster than analysts' predictions of 7.2% . China 's economy appears to be maintaining its momentum, despite the continuous crackdown on polluting industries, and a move to reduce risks in the financial system. However, trade tensions with the US make the future uncertain. US President Donald Trump has threatened to impose tariffs of up to $60bn of Asian imports, targeting the tech and telecommunications industries, in particular.