China’s Factories, Construction Slump in Sign of Deeper Slowdown


Disruptions caused by summer heat waves, flooding and heavy rainfall were a major factor for construction in several areas, according to NBS statistician Huo Lihui. The effect of a high base last year, alongside the “traditional off-season” for some sectors, proved to be a drag on the manufacturing PMI, Huo said in a statement accompanying the data release. 



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