September's manufacturing index showing sluggishness
Growth in China's manufacturing sector remained subdued in September, a sign that the world's second-largest economy is still struggling to recover its momentum.
The official Purchasing Managers' Index hovered at 51.1, the National Bureau of Statistics said on Wednesday, indicating a modest expansion in activity.
The data came a day after China cut mortgage rates for the first time since the 2008 global financial crisis, and reinforced a view among some analysts that sluggish domestic demand and a cooling property market were a drag on activity.
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