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China manufacturing sector sees slower growth

July's PMI comes in below analysts' forecast but sector remains robust

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The National Bureau of Statistics attributed the slowdown in manufacturing activity to adverse weather conditions, flooding in parts of the country and routine maintenance in some enterprises.

Beijing

GROWTH of China's manufacturing sector slowed in July as foreign demand contracted and regulatory clampdown on financial risks began to feed into the economy.

China's official Purchasing Managers' Index (PMI) came in under analysts' expectations last month slowing to 51.4

sentifi.com

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