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China’s factory slowdown continues as new export orders falter after EU and U.S. announce plans to increase EV tariffs

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China’s factory slowdown continues as new export orders falter after EU and U.S. announce plans to increase EV tariffs The China Federation of Logistics and Purchasing's official purchasing managers index, or PMI, remained at 49.5, the same as in May, on a scale up to 100 where 50 marks the cut off for expansion. Read More