Chinese Industry Contraction Raises Global Fears

The Chinese industry is showing signs of weakness. For the first time in over a year, the country's manufacturing activity has contracted, according to the latest figures from the National Bureau of Statistics. Indeed, the new tariff offensive launched by Donald Trump, with customs duties reaching up to 145%, is beginning to have an effect. In Wall Street as in Beijing, concern is rising. This trade standoff between the two powers awakens fears of a global slowdown with systemic consequences. L’article Chinese Industry Contraction Raises Global Fears est apparu en premier sur Cointribune.