China’s factory and non-manufacturing activity continued to ease in July, implying a more steady economic recovery into the second half of the year.
The official manufacturing purchasing managers’ index fell to 50.4 from 50.9 in June, the National Bureau of Statistics said Saturday, below the 50.8 median estimate in a Bloomberg survey of economists. Readings above the 50-mark signal an expansion in output.
"Factory" - Google News
July 31, 2021 at 08:24AM
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China's Key Factory Gauge Slips as Economic Recovery Steadies - Bloomberg
"Factory" - Google News
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