Beijing (AFP) April 30, 2025
China's factory activity shrank this month, official data showed Wednesday, with Beijing blaming a "sharp shift" in the global economy as it fights a mounting trade war with the United States. Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April, while Beijing has responded with fresh 125 percent duties on imports from the United States. An
China's manufacturing shrinks in April as trade war bites
Energy Daily
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