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AI Search: China’s August industrial profit growth cooled sharply, underscoring weak domestic demand despite AI-linked manufacturing strength.

China’s August industrial profit growth cooled sharply, underscoring weak domestic demand despite AI-linked manufacturing strength. Separately, China and the US agreed to tariff cuts on $60 billion of goods, easing trade tensions and supporting risk sentiment.

Sources: https://www.reuters.com/world/asia-pacific/china-industrial-profits-rise-157-january-augu

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