Consumer prices in China were up just 2.1 percent on year in March, the National Bureau of Statistics said on Wednesday.
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The manufacturing sector in China continued to expand in April, and at a barely faster rate, the latest survey from Caixin revealed on Wednesday with a manufacturing PMI score of 51.1.
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China's central bank added more funds into the financial system on Tuesday after the US President Donald Trump threatened to impose a 10 percent tariff on an additional $200 billion of Chinese imports. The People's Bank of China added CNY 200 billion via medium-term lending facility on concerns over liquidity as well as negative impact from trade conflicts.
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China's private sector expanded at the fastest pace in four months in June on stronger increase across manufacturing and services, data from IHS Markit showed Wednesday. The Caixin composite output index rose to 53.0 in June from 52.3 in May. A score above 50 indicates expansion in the sector. Both manufacturing and services expanded further in June.
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China's manufacturing activity expanded at the slowest pace in eight months in July as export orders declined the most in more than two years, survey results from IHS Markit showed Wednesday. The Caixin Purchasing Managers' Index fell to 50.8 in July from 51.0 in June. Although the indicator remained above the neutral 50.0, the score suggested the weakest growth since November 2017.
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The services sector in China continued to expand in August, albeit at a slower rate, the latest survey from Caixin revealed on Wednesday with a 10-month low PMI score of 51.5.
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