Economics
China Manufacturing May Expand at Slowest Pace in 11 Months
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China’s manufacturing may expand at the slowest pace in 11 months in June, as output growth stalls and export orders drop, a preliminary purchasing managers’ index showed.
The 50.1 level reported by HSBC Holdings Plc. and Markit Economics today compares with a final reading of 51.6 in May. A number above 50 indicates expansion.