BEIJING—Signs of a further contraction in China’s manufacturing sector added to the bad news on the world’s second-largest economy, testing policy makers’ determination to ride out a slowdown without stimulus measures.
While Premier Li Keqiang has often played down the room for stimulus since taking office in March, many analysts are increasingly confident that the disappointing economic data will yield some modest pro-growth measures.
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Richard Silk, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/MQNeNpVUNns/
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