China's official PMI slips to 51.1 in August

An index of growth in China's vast manufacturing sector fell from a 27-month high to 51.1 in August, a government study showed on Monday, slightly less than forecast and adding to signs of growing softness in the Chinese economy. China's official Purchasing Managers' Index (PMI) slipped in August from July's 51.7, the National Bureau of Statistics said, slightly missing the median forecast of 51.2 in a Reuters poll.

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