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China's factory activity expands, but job losses quicken amid weak exports: Caixin PMI


The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 51.2 last month, the fastest pace of growth since December, and up from May's 50.7. The 50-mark separates growth from contraction on a monthly basis.

China's factory activity grew at a faster clip in June after the government lifted coronavirus lockdown measures and ramped up support steps, but the health crisis continues to pressure exports and jobs, a private business survey showed on Wednesday.

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 51.2 last month, the fastest pace of growth since December, and ...


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