China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low
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Industrial production grew by 4.7 per cent in October, down from 5.8 per cent in September, and below analysts’ forecasts
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Retail sales and fixed asset investment growth also declined in October, as pressure builds on Beijing to arrest the downturn in the economy […]
Trump expected to delay auto tariff decision for 6 more months
President Donald Trump is expected to announce this week that he is putting off a decision on whether to impose tariffs on European Union autos for another six months, a person familiar with the decision said.
That would avoid a new bruising dispute with one of the United States’ biggest trading partners, just as Trump is trying to put out another trade fire by striking an initial deal with China. But it would also set the stage for Trump to revisit the controversial trade issue in the throes of next year’s presidential campaign. […]