Chinese manufacturing activity hits 11-month low

07/23/2013 | Market News International · Reuters

The HSBC Holdings Flash China Manufacturing purchasing managers index dropped to an 11-month low of 47.7 in July; anything below 50 indicates activity contraction. The reading marks the third consecutive month of decline. A decrease in key employment, new orders and output accelerated. New export orders also declined but at a slower pace.

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Market News International · Reuters

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