SHANGHAI -- China's factory activity gauge improved marginally in August, but was still below the 50-point mark that separates a contraction from an expansion amid a global economic slowdown and sluggish domestic demand.
Economy
China factory PMI improves slightly but still stuck in contraction
Policy support seen buoying August figure; markets unlikely to take 'much comfort'
An employee works on a steel processing production line at a factory in Hefei, Anhui province, China, in 2020. (China Daily via Reuters)
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