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China's manufacturing purchasing managers' index fell to lowest level in five months, missing expectations while service sector reports slower-than-expected growth in May; economists expect choppy economic recovery, slower GDP growth for 2023 in China

Japan's economy set for 1% growth in 2023, led by rise in private consumption, business investments; high price levels, inflationary pressures expected to impact domestic demand, lead to decline in real household consumption expenditure growth: GlobalData

Canada's real GDP up 0.8% in Q1, favourable international trade, higher household spending moderated by slower inventory accumulation, lower housing investment, business investment in machinery, equipment; final domestic demand up 0.7%: Statistics Canada

Canadian real GDP essentially unchanged in March; goods-producing industries edged down 0.1%, while services-producing industries were flat: Statistics Canada

JPMorgan warns of 25% chance US could hit debt ceiling without a deal; however, potential deal that includes cuts in federal government spending could reduce US GDP by 0.1%-0.5% in 2024, depending on the details

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