China’s factories boosted output in June, according to gauges released Tuesday, in a sign that government stimulus efforts are injecting vigor into the economy.
Higher monthly results for two measures of manufacturing activity announced Tuesday come on the heels of improvements in exports, industrial production and retail-sales data in recent weeks. Some economists said the slew of more positive data suggests that Beijing has managed to put a floor under sliding growth, at least for now.
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Mark Magnier, Wall Street Journal via CHINA US Focus http://ift.tt/1qhir0D
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