China manufacturing stays in growth mode

08/1/2013 | Caijing Magazine online

China's manufacturing activity maintained positive growth in July, with the official purchasing managers' index rising to 50.3 from 50.1 in June. The latest reading topped expectations, which saw a slide into negative territory at 49.8. The employment index, meanwhile, improved to 49.1 in July, indicating a slower rate of job loss than in June.

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