Dow Jones Newswires: China’s official manufacturing PMI edges higher in August


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The official gauge of China’s manufacturing activity edged up in August but remained in contraction for a fifth straight month, pointing to continued weakness in the world’s second-largest economy.

China’s official manufacturing purchasing managers’ index rose to 49.7 in August from 49.3 in July, the National Bureau of Statistics said Thursday. A reading above 50 indicates an expansion in activity while a reading below that indicates contraction.


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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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