MNI BRIEF: S&P China Mfg. PMI Falls Into Contraction In July

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Aug-01 02:20
Peoples Bank of China+ 2

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China's S&P manufacturing PMI, previously known as the Caixin manufacturing PMI, came in at 49.5 in July, up from June's 50.4, falling back into the contraction zone below the 50 mark, as factory output scaled back amid a slower increase in new order...