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1st LD: China's manufacturing activity softens, business sentiment stays upbeat

NAMPA / Xinhua
2026-01-31
BEIJING, Jan. 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector fell to 49.3 in January as some industries entered a traditional seasonal lull and effective market demand remained insufficient, official data showed on Saturday. This figure was down 0.8 percentage points from the previous month. A reading above 50 indicates expansion, while a reading below 50 reflects contraction. Despite the overall contra......
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