Mon, 02 Jul 2012 07:13:31 GMT
China's manufacturing activity growth decelerated further in June
China's manufacturing sector expansion slowed to seven-month low in June, lingering concerns over the health of the country's economy. China's PMI dropped from 50.4 to 50.2 in June on a monthly basis, boosting hopes for fresh measures from the government to stimulate domestic consumption. Experts claimed that slowdown in the EU and US was hurting demand for the country's exports