LOS ANGELES (MarketWatch)
China's official manufacturing Purchasing Managers'
Index fell in July to 50.1, inching down from 50.2 the previous month, data
reported Wednesday showed
The result from the China Federation of Logistics
& Purchasing was just barely above the 50 level that divides expansion from
contraction, and missed expectations for a 50.4 reading, according to a Dow
Jones Newswires survey of economists
A privately compiled version of the China
manufacturing PMI was due out from HSBC later in the day
A preliminary flash
reading of HSBC's PMI released in late July showed a rise to 49.5, up from
June's 48.2
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