China's manufacturing sector expanded in July following the easing of COVID-19 containment measures but the pace of growth softened, survey results from S&P Global showed on Monday.
The Caixin factory Purchasing Managers' Index slipped to 50.4 in July from 51.7 in June. Nonetheless, a score above 50.0 indicates expansion in the sector.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.