China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery

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China’s main financial pillars wobbled in July with weak point in manufacturing and the all-important property sector, exhibiting the stress on a rustic that continues to be a drag on the struggling international financial system.

Chinese language manufacturing exercise unexpectedly contracted in July, as Beijing’s stringent Covid-19 restrictions and weak demand undercut hopes for a extra sturdy financial revival.

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