One Number, Two Economies, and a Policy Aimed at Neither
China's factory gauge says contraction. Its high-tech sub-index says expansion. A single national figure is now averaging two manufacturing economies that are moving in opposite directions.
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Somebody Finally Paid for the Years Nothing Is Needed
The Pentagon has signed seven-year framework agreements to triple Patriot interceptor output and quadruple THAAD. The dollar figure is not the interesting clause. The guaranteed minimum annual quantity is.
