China’s PMI manufacturing ticked up to 49.3, but marked 4th month of contraction

<p>China’s official Manufacturing PMI rose from 49.0 in June to 49.3 in July, slightly above anticipated 49.2. However, it marked the fourth consecutive month that this indicator remained below the 50-point mark separating expansion from contraction on a monthly basis. Zhao Qinghe, a senior NBS official, indicated that while there was a slight rebound, many […]</p>
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