China's factories held up in June after the country's official PMI index showed the manufacturing sector continued to expand for the fourth consecutive month.
The country's manufacturing purchasing managers' index was 50.2 in June, slightly below expectations of 50.4. It had also been 50.2 in May. Any level above 50 reflects growth and the sector last contracted in February.
Meanwhile China's services PMI reading for May was also over the point which separates growth from contraction, coming in at 53.8. It had been 53.2 in May, with readings of between 53 and 54 for 2015 so far.
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