
China's manufacturing activity weakened further in June, falling to a nine-month low as demand fell, according to a preliminary survey by HSBC. The bank's Purchasing Managers' Index (PMI) declined to 48.3, from May's reading of 49.2. A reading below 50 indicates a contraction. via Pocket http://www.bbc.co.uk/news/business-22981667#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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