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China Flash: A positive surprise to July PMI provides some respite from worries of a hard landing

Published on Thursday, August 1, 2013

China Flash: A positive surprise to July PMI provides some respite from worries of a hard landing

The official NBS PMI for July rose to 50.3 (BBVA: 50.0; consensus: 49.8) from 50.1 in June, maintaining a 50 reading for a 10th consecutive month.

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