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Fixed Asset Investment Growth in China's Tier 1 Cities Remained Positive
The fixed asset investment in three of China's tier-one cities - Shenzhen, Guangzhou and Shanghai - increased on an annual basis in the first seven months of 2020.
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Federal tax receipts in Brazil dropped in July
Tax revenues collected by the federal government dropped by 15.8% y/y to BRL 116bn in July
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Investor Confidence in China Hit 16-Month High in July
China's investors' confidence index improved for the fourth consecutive month in July 2020
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China's Central Government Budget Deficit Increased in July
China's central government deficit increased to RMB 476.8bn in July
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Japan’s GDP posted its worst contraction on record
Japan’s economy witnessed its worst post-war slump in Q2 2020
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Automobile Sales in China Decreased in July
The automobile sales in China decreased to 2.1mn in July 2020
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Brazil’s industrial confidence bounces back in August
The industrial entrepreneurs’ confidence index in Brazil reached 57 in August 2020