The official non-manufacturing PMI, which covers services and construction, fell to 50.0 in September, its lowest reading since November. The composite PMI, which combines manufacturing and non-manufacturing data, edged up slightly to 50.6 from 50.5 in August. Overall, the data points to slow economic momentum across multiple sectors. Source link
In the escalating geopolitical chess game over technological supremacy, China is pushing the U.S. to loosen its stringent export controls on advanced AI chips as a key concession in potential trade negotiations. According to a report from the Financial Times, Chinese officials have signaled this demand ahead of a possible summit between Presidents Donald Trump…
As tensions escalate in the U.S.-China trade relationship under a resurgent Trump administration, questions abound about the resilience of Chinese exports. According to a recent analysis in the Financial Times, published on August 3, 2025, as part of its “Market Questions” series, China’s export machine has shown remarkable defiance against previous tariffs, but the coming…
On July 4, U.S. President Donald Trump announced his intention to begin negotiations with China regarding the possible sale of the popular app TikTok. According to him, these talks could start as early as July 7 or 8, Reuters reports. Trump emphasized that the United States has “practically” reached an agreement on the sale of…