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China Leads Slump in Asia Factories, Euro-Area Growth Cools

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Factory conditions across Asia’s most export-oriented economies slumped in December amid a U.S.-China trade war and a fading technology boom, while momentum in the euro region also weakened. A Chinese manufacturing gauge is signaling contraction for the first time since mid-2017, while measures for Taiwan, Malaysia and export bellwether South Korea also point to declines…

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