American exporters are starting to feel the pain of China’s deepening economic slump. Companies embedded in China’s ailing manufacturing, construction and export industries are reporting weaker sales, the WSJ’s Dan Strumpf reports, and some are warning of further trouble as growth grinds to a halt and economic readings look increasingly dour. The slowdown is registering across a range of companies, from chemical giants DuPont and Dow to heavy-equipment suppliers such as Caterpillar. Bioprocessing equipment maker Danaher says its China orders were down 50% in June. Services companies generally are faring better. But some executives warn of a global knock-on effect in goods sectors as customers in other geographies also feel the pain from reduced demand in China, resulting in orders cutbacks in other parts of the world. DuPont’s sales from existing operations in China fell 14% in the second quarter, mainly because of frail demand for consumer electronics.

• Anxiety about risks of contagion from China’s ailing real-estate sector is spreading through global markets. (Reuters)

A subsidies-filled race to shape the world’s green supply chains is leaving behind smaller economies. New tax credits for manufacturing batteries, solar-power equipment and other green technology are drawing a flood of capital to the U.S., while the European Union and Japan are responding with their own support. The WSJ’s Ed Ballard, Jason Douglas and Jon Emont report that industrialized nations such as the U.K. and Singapore lack the scale to compete against the biggest economic blocs in offering subsidies. Emerging markets such as Indonesia, which hopes to use its natural resources to climb the economic ladder, are also threatened by the shift. The competition carries big implications for production of high-value goods and trade flows, as large countries put their economic might behind industrial policies. Especially at risk are smaller, developing economies that need access to global markets if they’re to trade their way to greater prosperity.

• Lithion Battery is expanding its manufacturing operations in Henderson, Nev., for a wide range of batteries and energy storage systems. (Las Vegas Review-Journal)

The food fight for American consumers is taking on a new look following the pandemic. Supermarkets and restaurants are ramping up their tug of war over food budgets, the WSJ’s Jaewon Kang and Heather Haddon report, as grocery chains revamp prepared meals, expand menus and offer more discounts. The supermarkets see a chance to woo diners away from restaurants as price-weary consumers are growing more discerning about eating out. The fight over the dinner table marks a new stage in competition following pandemic-era disruptions that fractured food supply chains. Suppliers scrambled to adapt industrial-scale packaging and distribution for supermarkets while restaurants struggled under lost business. Inflation has upended dining-out calculations since then. Grocery prices increased at a faster rate than restaurants in 2022, until that flipped around in March. The price gap has since widened, with grocery prices rising 3.6% while restaurant prices increased by 7.1% in July.

Surging exports helped Japan’s economic output grow at a better-than-expected 6% annual rate in the second quarter (WSJ)

Russia’s currency fell to its weakest level since the early days of its war on Ukraine. (WSJ)

Privately-held Esmark set up a potential bidding war for U.S. Steel with its own offer to buy the steel maker. (WSJ)

Matson, Hawaiian Airlines and other companies are bringing emergency supplies into the fire-ravaged island of Maui under efforts coordinated by government agencies. (Supply Chain Dive)

China is backing an ambitious freight rail project in Guinea aimed at reducing its reliance on Australian iron ore. (Nikkei Asia)

Apple supplier Foxconn says it now expects global sales to fall in the current quarter and for the year. (South China Morning Post)

Russia has become the world’s largest importer of finished vehicles from China, with volume up five-fold in the first half of the year. (Automotive Logistics)

The Panama Canal authority expects to keep drought restrictions in place through the end of the year and into 2024. (Seatrade Maritime)

U.S. regulators are investigating Mediterranean Shipping over allegations of improper detention and demurrage charges in 2021. (The Loadstar)

Grimaldi Group says a flaw in a Jeep Wrangler vehicle was a possible cause of a fatal fire on a car carrier off New Jersey last month. (TradeWinds)

Maersk Line expects to handle 70% to 80% of its logistics through artificial intelligence in five to seven years. (ShippingWatch)

The global air cargo market is heading into the fall facing rapidly falling rates, softening demand and rising capacity. (FlightGlobal)

DB Schenker is building a 600,000-square-foot logistics center in Singapore the freight forwarder says will operate with zero emissions. (Straits Times)

DHL plans to deploy 1,000 robots across its Asia-Pacific logistics operations by 2025. (Logistics Manager)

Paul Page is editor of WSJ Logistics Report. Reach him at paul.page@wsj.com.

Follow the WSJ Logistics Report team: @PaulPage, @bylizyoung and @pdberger. Follow the WSJ Logistics Report on X at @WSJLogistics.