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China s New Yuan Loans in July Fell by About Half From June
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China PBOC Lowers Banks Reserve Requirements to Encourage Lending
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China s Yuan Loan Issuance Rose Sharply in June
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China s Foreign Exchange Reserves Fell in June
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Jun 1, 2021 2:39 AM UTC A private gauge of China s manufacturing activity rose to its highest level so far this year, in contrast with the official gauge, which pointed to a slip in activity on weaker overseas demand. The Caixin China purchasing managers index, which tracks more of the nation s small private manufacturers, rose to 52.0 in May from 51.9 in April, Caixin Media Co. and researcher Markit said Tuesday. China s official manufacturing PMI, which tracks large state factories more closely, edged lower to 51.0 in May from 51.1 in April, according to data released by the National Bureau of Statistics on Monday. The official survey of manufacturers has a much larger sample than the Caixin survey.