BEIJING: China’s economy slowed for a sixth straight month in November as the ongoing trade war with the U.S. continued to weigh on the outlook for economic growth.

 

That’s the signal from a Bloomberg Economics gauge aggregating the earliest-available indicators on business conditions and market sentiment. The data suggest recent Government actions to support households and private companies haven’t been enough to immediately boost the economy and allay concerns about the nation’s growth trajectory.

 

“Early indicators point to further weakness in the Chinese economy,” Bloomberg Chief Asia Economist Chang Shu said. “The economies of China’s major trading partners continued to decelerate. The weakness in the equity market would not only impact sentiment, but also constrain firms’ liquidity.”

 

The trade war continues to create uncertainty for China, and although Presidents Donald Trump and Xi Jinping plan to meet this week, there is little sign of a breakthrough that would stop further planned tariff increases.