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As Trade War Hits, China Factories See Slowest Growth Since 2002

China’s industrial output growth slowed to the weakest pace since 2002 and investment decelerated, highlighting the headwinds the economy is facing as it grapples with the U.S. tariff war.Industrial output rose 5 percent from a year earlier, while fixed-asset investment expanded 5.6 percent in the first five months. Both were slower than in April and below…

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