J.P.Morgan trimmed China's economic growth forecast for 2023 after the country's May industrial output and retail sales growth missed forecasts.

China's economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery.

U.S. business inventories rebounded in April, boosted by stocks at manufacturers, suggesting that inventories could contribute to economic growth in the second quarter.

U.S. retail sales unexpectedly rose in May as consumers stepped up purchases of motor vehicles and building materials, which could help to stave off a dreaded recession in the near term.

By 2032, the size of the global rubber extruder market is anticipated to be US$4,021.5 million.

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