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SLOWDOWN

China Issues Trade Warning

After exports fall.

After a shocking fall in exports for the month of June, the outlook on the world’s second-largest economy is turning gloomy. China’s exports fell 3.1 percent in June, when they were predicted to rise 4 percent, adding to weak data on factory output and investment. Now observers will wait with trepidation for the country’s GDP numbers, which are due out Monday.

Read it at Reuters

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