China June factory activity down, exports poor -HSBC Flash PMI
BEIJING (Reuters) - China's factory sector contracted for an eighth straight month in June, with export orders and prices turning in their weakest showing since early 2009, a private-sector survey showed on Thursday. The HSBC Flash Purchasing Managers Index, the earliest monthly indicator of China's industrial activity, fell to a seven-month low of 48.1 in June from a final reading of 48.4 in May. It marked the eighth consecutive month that the HSBC PMI has been below 50, indicating contraction. ...
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