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China Factory Orders Drop in Ominous Sign for Global Outlook

  • Demand for tents to zippers drops as inflation hurts consumers
  • Covid Zero ructions mean China’s economy faces uncertainties
Employees work on the production floor at an auto parts factory in Shanghai, China.

Employees work on the production floor at an auto parts factory in Shanghai, China.

Photographer: Qilai Shen/Bloomberg
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Investors wanting to gauge the health of global consumer sentiment should look no further than China’s factories right now.