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China’s U.S.-bound shipments fall in July after brief recovery
A separate China Beige Book study also pointed to decelerating factory activity in July.
CNBC Finance reports that China’s shipments bound for the United States fell in July after a brief recovery, according to the latest China Beige Book study.
The survey also found that factory activity decelerated during the month, signaling a cooling in industrial momentum.
The findings reflect how demand and production dynamics in China shifted in July, after improvement earlier in the period.
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