Investments remained weak on a quarterly basis, even though the month of June saw the beginning of a potential recovery as Beijing encouraged banks to lend more. Exports fell in June from a year earlier after trade talks with Washington broke down and President Trump applied higher tariffs to Chinese goods. The figures show how Beijing’s strategy to stimulate the economy by cutting 2 trillion yuan ($291 billion) in taxes and fees is falling short. In unveiling them in March, Premier Li Keqiang called the cuts a fair and efficient way to alleviate the struggles of companies. Domestic sentiment in the quarter was held hostage by the twists and turns of the trade dispute. An impasse in negotiations shattered hopes for a deal in late May and Chinese businesses are worried that the two nations can’t resolve their differences, even as Mr. Trump and Chinese President Xi Jinping got […]