China manufacturing growth slows to a seven-month low

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China manufacturing growth slows to a seven-month low

BBC – China’s manufacturing activity grew at its slowest pace in seven months in June, adding to fears about a slowdown in its economy. Its official purchasing managers’ index (PMI) fell to 50.2 from 50.4 in May, data released on Sunday showed. There have been fears that a slowdown in markets such as the US and Europe may hurt demand for China’s exports. Read article

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