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China manufacturing contracts in July as export-driven rebound runs out of road

China's factory sector, which staged a second-quarter recovery riding a surge in export orders, swung unexpectedly back into contraction in July as that cross-border tailwind began to unwind. The reversal comes against the…

By Adaeze Nwosu·July 31, 2026·二〇二六年七月三十一日·2 min read

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cnbc.com

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