China July official PMI seen hitting eight-month high

Activity in China's vast factory sector likely expanded at the fastest pace in eight months in July, a Reuters poll showed on Wednesday, adding to evidence that the economy is regaining momentum after a burst of government stimulus measures. China's official manufacturing purchasing managers' index (PMI) is expected to rise to 51.4 in July, up from June's 51, according to the median forecast of 24 economists in a poll.

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