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China factory activity slows, adding to economic strains

Por: ABC News Business May 31, 2023

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BEIJING -- China's factory activity decelerated in May, a survey showed Wednesday, adding to signs its economic rebound after the end of anti-virus controls is slowing.A monthly purchasing managers' index issued by the national statistics agency and an industry group declined to 48.4 from April's 49.2 on a 100-point scale on which numbers below 50 show activity declining.Chinese manufacturers have been hurt by weakening global... + full article



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