Growth in China’s manufacturing sector slowed marginally in July,reinforcing expectations the world’s second-largest economy will frosty in coming months as borrowing costs rise and regulators clamp down on riskier types of financing, Reuters reports. The official Purchasing Managers’ Index (PMI) released on Monday stood at 51.4 in July, or down from the preceding month’s 51.7 […]
Source: ejinsight.com