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The Nexus
BUSINESSJun 30 · 11:52 UTCSEMAFORPrashant Rao

China’s factory output in June beats forecasts

China’s factory output in June exceeded forecasts, driven by global AI investment and exports, though real estate and consumer sectors remained weak. Smartphone makers are cutting 2026 sales targets, and analysts await a potential stimulus package from the Politburo meeting.

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