China's July official manufacturing activity 49.9, down from 50 in June



Activity in China's manufacturing sector unexpectedly shrank slightly in July from the previous month, an official survey showed on Monday.


The official Purchasing Managers' Index (PMI) stood at 49.9 in July, compared with the previous month's reading of 50 and just below the 50-point mark that separates growth from contraction on a monthly basis.


Analysts polled by Reuters predicted a reading of 50.0.

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