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CHINA DATA SUGGESTS TRADE WAR HIT; TECH GROUP REVERSES STAND

A report on Chinese manufacturing suggested that Beijing’s trade war with the Trump administration is causing domestic economic damage.

Surveys of manufacturers across Asia for May showed that business confidence has been shaken by the conflict over President Donald Trump’s demands that Beijing change its industrial planning strategy and find other ways to redress its perennially huge trade surpluses.

But in a move that could ratchet back some

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