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China Manufacturing Shrinks in June Despite Trade War Respite

China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. The Purchasing Managers' Index -- a key measure of industrial output -- ...

Michael Pettis Explains How China’s Changing Economy Will Impact the World

China's economy emerged from the pandemic much weaker than before. Unemployment is up, exports are down and a burgeoning property crisis is having a devastating impact on local government finances. These changes in the economy ...