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July 25th, 2013 
ABC – An unofficial measure of China’s manufacturing sector has fallen to an 11-month low, sparking a fall in the Australian dollar. The HSBC flash Purchasing Managers’ Index, which focuses on small and medium-sized factories, fell to 47-point-seven in July. It is the latest sign of a slowdown in the economy of Australia’s second biggest trading partner. Westpac senior international economist Huw McKay says while the survey does show China’s economy is slowing, it should not stoke fears about Australia’s exports. ”They are very, very important for overall economic growth in China but they are secondary to the position of the domestic construction cycle,” said. Read Article
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