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China Manufacturing Sector Continues To Shrink

Por: RTTNews Business August 31, 2023

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China's manufacturing sector continued to contract in August and the growth in non-manufacturing activity weakened further, official survey results revealed on Thursday.The factory Purchasing Managers' Index advanced to 49.7 from 49.3 in July, the National Bureau of Statistics reported. The score was also above economists' forecast of 49.4.However, a reading below 50.0 indicates contraction. The manufacturing sector has remained... + full article



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