The reasons may not necessarily be directly attributable to trade tensions, as there appears to be a debt-induced slowdown in China at the moment. Another article from ft.com to support this: "China industrial profits decline for first time in 3 years" (
https://www.ft.com/content/e1d2b1c4-099a-11e9-9fe8-acdb36967...) (non-paywall:
https://outline.com/qZdpNr)