China's June Manufacturing Activities Grows at Slowest Pace in Four Months

(Bloomberg) -- Manufacturing activity in China
expanded at the slowest pace in four months in June amid a
government clampdown on polluting and energy-intensive industries,
according to a survey of purchasing managers released today.

The June Purchasing Managers' Index fell to 54.5 from 55.7
in May, the China Federation of Logistics and Purchasing and the
National Bureau of Statistics said in an e-mailed statement. That
was the lowest reading in four months.


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