TRADE TROUBLE: China’s trade and domestic demand have weakened even faster than expected, adding to pressure on Beijing for a more aggressive stimulus to boost the world’s second-largest economy out of its worst slump since the 2008 crisis.
EXPORT WEAKNESS Export growth in July plunged to just 1 percent from the previous month’s 11.3 percent, well below forecasts of about 5 percent, data showed Friday.
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