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Industry

World news about “Industry” published by euronews.

MARKETS | 24/07 13:58 CET

China’s factory sector contracts by the most for 15 months

China’s factory sector contracts by the most for 15 months

A hailstorm of bad economic news for China. The nation’s factory sector contracted by the most in 15 months in July as shrinking orders depressed output. The preliminary reading of Caixin’s Purchasing Manager’s Index – the PMI – dropped to 48.2…