China’s factory output contracts for fifth month: PMI at 49.4 in August; trade talks with US drag on

Anurag Sharma
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China's industrial production saw a slight uptick in August, though still contracting for the fifth month, amidst ongoing trade talks with the U.S. The Purchasing Managers' Index edged up to 49.4, signaling a minor improvement despite broader economic challenges like property debt and youth unemployment.

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