June PMIs in positive territory
By Zheng Yangpeng | China Daily | Updated: 2014-07-02 07:11
Manufacturing numbers stand in sharp contrast with weakened property sector
Two gauges of China's manufacturing sector released on Tuesday point to sustained expansion in factory activity, with government stimulus efforts paying off, according to analysts.
The expansion contrasts with further weakness in the real estate sector. Experts said that what happens to the economy in the coming months depends on which proves stronger: the factory sector or property activity.
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