TEPID INDUSTRY: China’s manufacturing barely grew in July, according to two surveys. One report is affiliated with the government and the other is compiled by HSBC.
CONTEXT: China’s economic growth fell to a three-year low of 7.6 percent in the second quarter, relatively robust when compared with the U.S. and Europe but low for China after years of double-digit growth.
LOOKING AHEAD: Analysts said weakening export demand pointed to the need for more efforts by the government to revive growth.
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