01 July 2016 at 3:03 GMT
Manufacturing momentum in the world's number two economy skidded to a four-month low in June, according to twin surveys released on Friday. The government's manufacturing Purchasing Managers' Index, a survey that tracks the health of large and state-owned companies, came in at 50.0 last month, versus 50.1 logged in May and April. Caixin's China June manufacturing PMI, which tracks smaller-scale private firms compared to the official gauge, also recorded the fastest rate of deterioration in four months. The index reported a 48.6 reading for June, compared with 49.2 in May.
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