Chinese Manufacturing Slumps to Eight-Month Low

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Chinese Manufacturing Slumps to Eight-Month Low
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Chinese manufacturing activity dropped in October, adding pressure on policy makers seeking to juice economic growth while taming inflation

Oct. 31, 2019 12:14 am ET

BEIJING—Chinese manufacturing activity fell to an eight-month low in October, an official gauge showed, raising another warning signal as hopes for a U.S.-China trade truce were dealt a further blow. China’s official gauge of factory activity, the manufacturing purchasing managers index, dropped to 49.3 in October from 49.8 in September, the National Bureau of Statistics said Thursday.

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