China manufacturing PMI for July hits 4-month high of 51.1, tops expectations

Despite concerns about slowing growth in China, a survey focused on small and mid-size businesses topped expectations on Tuesday due to a solid upturn in new export orders, Caixin/IHS Markit said in a press release. The Caixin China manufacturing PMI for July came in at the four-month high of 51.1, topping a Reuters analyst poll of 50.4. In June, the Caixin manufacturing … http://cnb.cx/2vpwyfb

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