Chinese manufacturing slows

Note: This section contains information in English only.
Source: Bloomberg
The data showed that Chinese manufacturing slowed in June, indicating a general slowdown in the economy. Purchasing Managers Index dropped from 50.8 in May to 50.1 in June, the weakest in 4 months. PMI gauge was 48.2, the lowest since September. 50 is a diving line between expansion and contraction. Experts predict that economic growth slowed down for a second consecutive quarter.
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