China August factory pick up surprises, but export orders fall again


BEIJING: Growth in China's manufacturing sector unexpectedly picked up in August after a two-month slide, offering some cushion for the slowing economy as the United States rapidly ratchets up tariffs on Chinese goods.

The respite may prove brief, however. Export orders shrank for a third straight month, suggesting a flurry of punitive U.S. trade measures are starting to bite.

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