China's economy continues to slow down after months of decline, and retail sales and industrial production are at their lowest levels of the year. 

Falling property prices are also to blame, with house prices in Beijing down 19% from last year. 

Asia business correspondent Peter Lewis says that despite this downturn and the trade war with the US, China's exports have kept at a steady level. 

He said that Xi Jinping's focus on expanding markets independent of the US is helping keep the economy moving.

LISTEN ABOVE

China's economy continues to slow down after months of decline, and retail sales and industrial production are at their lowest levels of the year.&nbsp;
Falling property prices are also to blame, with house prices in Beijing down 19% from last year.&nbsp;
Asia business correspondent Peter Lewis says that despite this downturn and the trade war with the US, China's exports have kept at a steady level.&nbsp;
He said that Xi Jinping's focus on expanding markets independent of the US is helping keep the economy moving.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Peter Lewis: Asia business correspondent on China's economy slowing due to slump in investment

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c4bef366-63b6-425e-ba55-b35d007190d0/transcript