China trade portfolio: Factory activity contracts in August despite stronger export demand

China’s manufacturing sector showed stability in August, as improvements in new orders and production were noted. Exports surged, aided by stronger demand for high-tech items and electric vehicles, especially from Europe and Southeast Asia. However, domestic demand still struggles amid challenges in the real estate sector. Looking ahead, significant trade discussions between leaders are anticipated toward the end of September, hinting at potential shifts in trade relations.

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