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China HSBC Manufacturing PMI registered at 51.7, below expectations (52) in July

FXStreet.com (Barcelona)

Final HSBC China PMI slightly lower than flash estimate

The final HSBC manufacturing PMI came at 51.7 vs 52 exp and 50.7 last. Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist China, Head of Asian Economic Research at HSBC, said:
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