A report on Chinese manufacturing
suggested that Beijing’s trade war with the
Trump administration is causing domestic
economic damage.
Surveys of manufacturers across Asia for May
showed that business confidence has been
shaken by the conflict over President Donald
Trump’s demands that Beijing change its
industrial planning strategy and find other ways
to redress its perennially huge trade surpluses.
But in a move that could ratchet back some
tensions, the world’s largest association of
technology professionals said it is lifting a
research cooperation restriction it had imposed
on employees of Chinese tech giant Huawei.