* Bidenomics seems to be working for the US economy
* Do lackluster earnings projections threaten stock market’s rally?
* America’s first new nuclear reactor in decades becomes operational
* China’s manufacturing sector contracted in July, rippling across Asia’s factories
* China’s new metals export controls will reverberate in global chip industry
* Prices charged for eurozone goods fall at quickest pace since 2009
* Chicago PMI up less than expected in July, continues to indicate contraction
* Texas manufacturing activity continues to contract in July
* US banks expect to tighten loan standards in second half of 2023

Is a new bull market brewing for China’s stock market? “The stronger policy support will help gradually restore investor confidence, and the inflection point has arrived for A-share market,” writes Lei Meng, China equity strategist at UBS Securities, in a research note. “As policy measures are implemented gradually and economic activities recover sequentially, A-share market is expected to see a stepwise rise, which could last for months.”