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Manufacturers in Asia received fewer export orders in November, as U.S.-China trade tensions continued to sap industrial demand in the region, according to the latest Nikkei Purchasing Managers' Index survey.

 

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Companies that depend on China’s consumers have for months had to contend with a notable slowdown in spending. The latest earnings season has uncovered another big worry. A swathe of businesses were already under pressure thanks to the “consumption downgrade” that’s seen retail sales weaken this year. Now, bottom lines are at risk due to […]

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