Beijing [China], July 31 (ANI): China’s manufacturing sector has experienced a decline for the third consecutive month as of July, with demand remaining weak despite recent government efforts to stimulate the world’s second-largest economy. The demand index for July stands at 49.4, slightly lower than June’s 49.5, as announced by the National Bureau of Statistics on Wednesday. The latest PMI, a five-month low, remains below the 50-point mark that separates growth from contraction. Experts attribute the loss of growth momentum to recent policy changes aimed at boosting business confidence. Zhao…
