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Asian exports to China are contracting as its economic slowdown reverberates throughout the region’s supply chains, a trend that is likely to accelerate as companies grapple with the fallout from the trade war between Beijing an

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American lawmakers are currently debating a bill that would create a new U.S. development finance agency with a $60 billion war chest. Supporters say the new entity would be a transparent alternative to China’s Belt and Road infrastructure program. If approved by the Senate, the institution would be the latest component of Washington’s Indo-Pacific strategy.

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