China’s trade surplus shrank more than expected in July, driven by a combination of slower export growth and unexpectedly strong imports. The country’s trade balance showed a surplus of $84.65 billion, falling short of the …
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US Manufacturing Gauge Dips to Eight-Month Low, But Signs of Stabilization Emerge
The Institute for Supply Management (ISM) reported that its manufacturing PMI fell to 46.8 in July, marking an eight-month low. This decline was attributed to a slump in new orders. However, despite the downturn, the …
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