Daily Memo: China’s Recovery, No Chips and Surprise Trips

Beijing expects the chip shortage to linger for a long time.

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China’s economy sputters. A data dump coming Wednesday is expected to show slumps in several Chinese economic indicators in August, including industrial production and consumption. September isn’t looking much better. There’s a new outbreak of the delta variant in at least two cities, leading to sharp new curbs on travel. And the country is still […]

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