Expansion in July slows by 10 percentage points compared with June, raising expectations of imminent government action.
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BING NEWS:
- Aluminum Surges After China Cancels Export Tax Rebate on Metals
Aluminum jumped alongside all other industrial metals, after China canceled a tax rebate on exports of certain commodities.
11/15/2024 - 12:35 am | View Link - China Ends Export Tax Rebate for Aluminum, Copper From December
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
11/14/2024 - 11:06 pm | View Link - China Stimulus Boosts Domestic Consumption as Trump Tariffs Loom
China’s economy showed signs of stabilization last month, buoyed by the highest retail sales growth in eight months and indicating Beijing’s latest round of stimulus has boosted some key sectors.
11/14/2024 - 1:34 pm | View Link - Global manufacturing is poised for a temporary boom ahead of possible Trump tariffs
Businesses may rush to front load imports into the US to avoid higher tariffs after Trump takes office.
11/10/2024 - 8:41 pm | View Link - Qualcomm: Q4 Earnings, Game-Changing AI Results
Qualcomm's Q4 earnings exceeded expectations, with impressive handset revenue growth. Click here to read why QCOM shares are a Strong Buy.
11/9/2024 - 4:52 pm | View Link - More
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