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China Manufacturing Sector Shrinks In August

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by , 09-01-2022 at 10:08 AM (165 Views)
      
   
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China's manufacturing sector unexpectedly contracted in August as power cuts and temporary factory closures due to the heatwave dampened production and sales, survey results from S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers' Index fell to 49.5 in August from 50.4 in July.

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