China’s factories felt the pinch from tariffs in May, despite a trade truce with Washington, as real-estate woes weighed on investment. Growth in industrial production slowed to 5.8% in the first five months of the year.

China's factory output growth hit a six-month low in May, while retail sales picked up steam, offering temporary relief for the world's second-largest economy amid a fragile truce in its trade war with the United States.

Growth in China's factory output hit a six-month low last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption