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China’s manufacturing activity continues to dwindle

With Purchasing Manager’s Index (PMI) falling from 48.2 in June to 47.7 in July, China is witnessing its 11-month low manufacturing activity. The PMI is a key indicator of manufacturing activity and a reading below 50 shows contraction. This comes

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Yet again new punishment for Chinese exporters!

The US has said it will impose tariffs of about 30% on imports of solar panels from China. This ruling came after Chinese solar panel manufacturers flooded America’s market with cheap solar panels. China has been successful in attracting customers

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