A: Hey! Did you hear about the news from China?
B: No! What's up?

A: Well, their economy isn’t doing so great right now.
B: Oh no! Really?

A: Yeah, people aren't spending as much money. Retail sales grew, but much slower than last month.
B: That's not good.

A: Exactly! Factories are also producing less. They mentioned US tariffs might be part of the problem.
B: Tariffs? That's complicated.

A: Totally! And the property market is really struggling too. Investment dropped a lot.
B: Wow, a lot?

A: Fifteen point nine percent! And new home prices are falling in lots of cities.
B: That’s a big drop!

A: It is. The government is trying to boost spending now, though.
B: Hopefully, it’s enough!