China is ‘against competitive depreciation, currency war ‘– China’s President Xi

Addressing a dozen of US business leaders in his visit to the US on Wednesday, China’s President Xi Jinping sounded quite optimistic on the China’s economic prospects.
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China Sept Caixin flash PMI misses expectations, lowest since March 2009

Chinese manufacturing activity contracted for the seventh month in a row and also missed expectations in September, the latest gauge on Chinese factory activity showed.
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