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China manufacturing sector sees slower growth
July's PMI comes in below analysts' forecast but sector remains robust
Published Mon, Jul 31, 2017 · 09:50 PM
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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 against 51.7 in June.
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