Stories by Courtenay Brown

China's economy grows at slowest pace since 1992

A distribution company outside the container port in Qingdao in east China's Shandong province.
A distribution company outside the container port in Qingdao in east China's Shandong province. Photo:
Barcroft Media / Contributor/Getty Images

China said its economy grew 6% year-over-year in the 3rd quarter — the slowest pace since the 1st quarter of 1992, per the WSJ — as the trade war weighs on the world's 2nd biggest economy.

Why it matters: s: China's economy grew at a slower pace than the 6.1% economists expected and declined from the prior quarter's 6.2% growth rate. China's efforts — including tax cuts and monetary easing — to stave off the trade war's effects and other homegrown issues have so far come up short. And because details surrounding the U.S.-China "partial trade deal" remain unclear, market-watchers are skeptical the cease-fire will provide any relief for the global economy.

States spend big money for 2020 Census

Money sticking out of census box
Illustration: Eniola Odetunde/Axios

States and cities have set aside bigger budgets than ever to prepare for the once-a-decade population count, with Washington's harsh immigration stance as a backdrop.

Why it matters: While the official Census count doesn't get under way until April, officials worry that immigrants won't complete the necessary forms for fear of retaliation.

Trump says U.S. and China reach partial trade agreement

This illustration shows George Washington and Mao Zedong as they appear on currency
Illustration: Axios Visuals

President Trump said the U.S. and China reached a partial trade deal on Friday that included an agreement from the U.S. to suspend a planned 30% tariff spike on Oct. 15, while China will buy $40-50 billion worth of U.S. agricultural goods.

Why it matters: The ceasefire comes as the U.S. economy is showing signs of weakness as a result of the trade war — threatening the economic gains Trump has counted on to carry him to re-election in 2020.