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China’s manufacturing activities were signed in April as signs of the impact of US President Donald Trump’s economic warfare, according to official research.
The country’s official purchasing manager index has reached 49, the lowest level since December 2023.
This data covers a period of dramatic escalation in the trade war between the US and China, with tariffs now well over 100% in both directions. China’s official PMI production gauges expanded in February and March.
This is a developing story.
