Chinese leaders are trying to revive economic activity by promising to support entrepreneurs who generate jobs and wealth. But they have yet to give details possible tax cuts or spending and have avoided announcing a large-scale stimulus.
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An index of export orders weakened to 46.3 from June’s 46.4, well below the 50-point contraction level, according to the statistics bureau and the China Federation of Logistics & Purchasing. (Image credit: Reuters)
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