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China's producer price deflation worsened in May, hitting a near two-year low, while consumer prices continued to decline amid trade tensions and a housing slump. Uncertainties from the U.S. tariff war and weak domestic consumption have fueled expectations of further policy stimulus. Cooling factory activity and cautious household spending are impacting the economy.
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After a round of talks in Geneva last month, the United States and China will sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions. His press secretary, Karoline Leavitt, "We want China and the United States to continue moving forward with the agreement that was struck in Geneva."
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News and Media
Fresh talks aimed at resolving the trade war between the world's two largest economies are due to take place.
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News and Media
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