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Signs Show Slowing Momentum in Chinese Economy | Trailer | Business Matter
7 months ago
3
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Official data revealed an unexpected contraction this month in manufacturing activity in China, a sign of slowing momentum. The country’s official purchasing managers’ index came in just above 49. That is below forecasts and the first contraction since September 2024. A reading below 50 marks a contraction, while above 50 marks an expansion.
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