Global News Of Note: Chinese Economy And Aluminum Production Slow
What happens abroad impacts MSCI members in North America. Here is the latest economic, trade, and other policy news of note for the last week:
- China’s primary aluminum production totaled 3.81 million tons in June, down by 0.5 percent from May, but up by 3.4 per cent from June 2024, according to the latest data released by the country’s National Bureau of Statistics. Read more at this link.
- According to Reuters, China’s economy slowed less than expected in the second quarter. Specifically, the country’s growth improved 5.2 percent between April and June 2025 from the same period the year before. The growth rate was down from 5.4 percent in the first quarter, however.
- As MarketWatch reported, Vietnam’s government has imposed antidumping tariffs on certain Chinese steel products after an investigation by authorities into steel products imported from China and India found there was “significant injury” to the domestic steel industry as a result of dumping of hot-rolled steel products from both China. (The authorities determined the quantity originating from India was insignificant.) As a result of the findings, hot-rolled steel products imported from China now will be subject to a levy of between 23.10 percent and 27.83 percent.