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China Manufacturing Sector Shrinks On Weak Demand

Por: RTTNews Business May 04, 2023

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China's manufacturing activity contracted for the first time in three months in April reflecting a renewed drop in new and employment, survey data released by S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers' Index dropped to 49.5 in April from 50.0 in March. The reading fell below 50.0-mark that separates expansion and contraction. The score signaled the first contraction in the manufacturing sector in three... + full article



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