
China’s manufacturing sector has shriveled for the fifth consecutive month, an legitimate leer confirmed.
The country’s manufacturing buying managers’ index rose a little bit of to 49.7, however peaceable sits beneath 50, which signals a contraction.
Despite a turbulent few months, China’s chief Xi Jinping defended the “solid resilience, tidy seemingly and tremendous vitality” of the financial system.
It is a the truth is assorted image in India, where the financial system grew at its quickest tempo in a yr within the April-June quarter.
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