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China factory activity shrinks for fourth straight month

China factory activity shrinks for fourth straight month https://ifttt.com/images/no_image_card.pngChina’s official manufacturing purchasing managers' index (PMI) remained below the expansion threshold at 49.3 in July, extending the fourth straight monthly contraction. The non-manufacturing PMI fell to 51.5 in July from 53.2 in June, signifying sluggish consumer spending.
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