1. China's manufacturing activity index fell below 50 for the fifth consecutive month in August, indicating contraction.
2. Factors contributing to this decline include a drop in new orders and a slight increase in unemployment among manufacturers.
3. While the US-China tariff negotiations are ongoing until November, observers are concerned about potential increased trade friction between the two countries and its impact on business sentiment.
2. Factors contributing to this decline include a drop in new orders and a slight increase in unemployment among manufacturers.
3. While the US-China tariff negotiations are ongoing until November, observers are concerned about potential increased trade friction between the two countries and its impact on business sentiment.
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Summary
China's manufacturing activity index fell below 50 in August, marking five months of contraction. This decline is attributed to a decrease in new orders and a rise in manufacturer unemployment. Concerns persist over potential escalating trade tensions between China and the US as tariff