Growth of China's manufacturing sector slows in June
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Beijing
GROWTH of China's vast manufacturing sector slowed in June amid weak domestic demand and a worsening trade spat with the United States that could see implementation of tariffs targeting billions of dollars worth of goods later this week.
The Caixin/Markit Purchasing Managers' Index edged down slightly last month to 51 from 51.1, figures on Monday showed. Meanwhile, the official version of the index that surveys larger state-owned firms and released over the weekend showed that the PMI fell to 51.5 in June from 51.9 in May.
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