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Beijing's industrial policy is increasingly driving trade tensions with US and EU
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Walmart's stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.
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China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.
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China economy: April retail sales, industrial production, investment data CNBCChina Sees Uneven Recovery With Surprise Consumer Spending Slowdown BloombergLive news: Chinese industrial production expands in April Financial TimesDecoding China's GDP in Q1 - Chinadaily.com.cn China DailyChina Industrial Output Picks Up, Retail Sales Slow In April Barron's
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Also in today's newsletter, Shein switches focus to London IPO, and China's biggest banks launch first sales of special loss-absorbing debt
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