China’s economy keeps gliding on just one engine

Downside risk: A woman crosses a road in front of high-rise towers in Beijing. While trade volumes are rising, Chinese companies aren’t necessarily profiting, because they’re also cutting prices. — AFP

HONG KONG: China’s economy has leaned on industrial production to keep growing this year, and data in the coming week will provide clues on how strong that support remains.

Export figures due on Wednesday may show some strengthening in July, underscoring how trade has been a rare bright spot.