Economics
The Trump Effect May Finally Be Weighing on China’s Exports
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China’s exporters may be finding it harder to avoid the effect of trade disputes with the U.S., according to the freshest manufacturing purchasing managers index data.
While the official manufacturing gauge and a private counterpart both held up last month, their sub-indexes tracking new export orders both declined. The Caixin Media Co. and Markit Economics Ltd. reading for booked shipments dropped to the weakest level since June 2016.