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China’s consumer spending contracted last month for the first time since the pandemic and investment deteriorated, exposing risks still facing the economy even as it benefits from booming exports and a deescalation in tensions around Iran.
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Trump says Iran deal is “all signed”, Japan prepares to raise rates again and J.D. Vance publishes a conversion memoir
China’s consumer spending posts its first decline since the pandemic, raising risks of a deeper economic slowdown
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