GeneralBearishFortune Crypto · 3h ago7/10
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Chinese factory activity flattens as analysts wonder about true damage from Iran War
China's manufacturing activity stalled in recent data as the Purchasing Managers' Index held flat at 50 while new orders declined to 49.9, signaling weakening demand amid geopolitical tensions from the Iran conflict. The data raises concerns about global economic growth trajectory and potential spillover effects on cryptocurrency and technology markets dependent on Chinese industrial output.
