Official figures show a decline in Chinese manufacturing as the country's purchasing managers' index dropped from 50.2 in June to 50.1 in July.
The slight decline defied attempt by the Chinese government to curtail signs of slow down in the world’s largest economy. The PMI figures, though still above the all import 50 which delineates growth from contraction, show that factories in China are making a slow start to the second half of the year. Analysts, who had…
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