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China's 4.3% quarter masks a deeper squeeze on the small firms that hold the economy together
Second-quarter growth slowed to 4.3% as small manufacturers absorbed the cost of unsold stock, state-owned airlines logged up to $1.33bn in half-year losses, and Amazon quietly courted Chinese sellers with US customs-friendly warehouses.

Wire provenance
This editorial synthesis draws on the following public wire/social posts:
- https://t.me/nikkeiasia
- https://t.me/nikkeiasia
- https://t.me/nikkeiasia
- https://t.me/nikkeiasia
- https://t.me/wartranslated
- https://t.me/NikkeiAsia
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