China’s manufacturing sector shrinks in August – BBC News

China’s manufacturing sector shrinks in August – BBC News

China’s manufacturing sector has diminished in size for the fifth consecutive month, an legitimate survey confirmed.

The country’s manufacturing procuring managers’ index rose a exiguous bit to 49.7, but amassed sits beneath 50, which indicators a contraction.

Despite a turbulent few months, China’s leader Xi Jinping defended the “sturdy resilience, substantial doable and big vitality” of the financial system.

It is a extremely a quantity of image in India, the assign the financial system grew at its quickest tempo in a three hundred and sixty five days in the April-June quarter.

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