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Weakness Across Asia, China's PMI, Trade-War Damage: Eco Day

Weakness Across Asia, China's PMI, Trade-War Damage: Eco Day

(Bloomberg) -- Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

  • A swath of weak economic data in Asia greets U.S. and Chinese negotiators as they return to the table for trade talks in Beijing this week
  • Stability reigns. Here’s why China’s PMI undershooting isn’t all bad news, according to Bloomberg Economics analysis
  • Trade elsewhere. In another trade drama, China offered to assist Cambodia in case the European Union follows through on revoking Cambodia’s tariff-free privileges as retaliation for alleged human rights violations and undermining democracy
  • Collateral damage. American farmer income is feeling the pain from U.S.-China trade tensions
  • Middle class pitch. Rust Belt workers in the U.S. are getting an earful from former Vice President Joe Biden amid early campaign challenges to President Donald Trump’s re-election

To contact the reporter on this story: Michelle Jamrisko in Singapore at mjamrisko@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Karthikeyan Sundaram, Tuhin Kar

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