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ASEAN became China’s biggest trading partner as of August
From January to August, China’s total trade volume with ASEAN reached USD 417 bn

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China’s Manufacturing PMI Reveals the Pressure on Small Enterprises
After the COVID-19 shock, China’s official manufacturing PMI climbed quickly from the record low of 35.7 in February

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August saw the first retail sales annual growth in 2020 in China
Compared to the supply side, the demand side recovery in China has been slow

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Brazil’s central bank keeps the key rate at 2%
The SELIC rate remains at its lowest level, and below the expected inflation rate of 3.14% for the next 12 months