China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, dropped to 50 in July from 50.2 in the prior month. In the meantime, Caixin China flash PMI fell to a 15-months low of 48.2 in July, down from 49.6 in June. "The decline of the official PMI suggests that the manufacturing […]

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Visit the original source and full text: China Money Network