FANDOMFARE GAMING POP UP NEWS World outlook for today
China’s manufacturing sector contracts for the first time in 2 years. China’s official manufacturing purchasing managers’ index printed at 49.4 for December, its weakest since February 2016.
China’s economy has been slowing this year and analysts expect a further softening over coming months, hurt by a Sino-U.S. trade dispute and cooling global growth.
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In recent months data has suggested that factories are seeing a slowdown in export ordersamid trade tensions between the United States and China.
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