China's economy is feeling the pinch from ongoing trade turmoil, particularly from tariffs imposed by the U.S. during the Trump administration and challenges within its property sector. According to official reports, the economy expanded by just 5.2% in the second quarter of 2023, a slight decline from the previous 5.4%. However, despite these issues, Beijing's measures to support economic activity and a temporary truce in tariff hostilities with Washington have helped avoid a drastic downturn. China's National Bureau of Statistics highlighted that the manufacturing sector grew 6.4%, largely driven by the rising demand for 3D printers, electric vehicles, and industrial robots. Nonetheless, retail sales growth dipped to 4.8% in June, down from 6.4% in May, indicating potential consumer hesitance. Additionally, the drop in new home prices marks the steepest decline in eight months, pointing to ongoing struggles in the real estate market despite government interventions. Some economists predict that China may fail to meet its goal of around 5% annual growth this year. As trade discussions between the two superpowers continue, there remains uncertainty about a long-term resolution.