For manufacturing, the official index fell to a seven-month low of 50.8 in September, from 51.3 in August and below a Reuters poll forecast of 51.2. REUTERS/Stringer/File photo
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Growth in China's manufacturing sector sputtered in September as both external and domestic demand weakened, two surveys showed Sunday, raising the pressure on policymakers as U.S. tariffs appear to be inflicting a heavier toll on the Chinese economy. A private survey showed growth in the factory sector stalled after more than 15 months of expansion, with export orders falling the fastest in over two years, while an official survey confirmed a further manufacturing weakening.Taken together, the business activity gauges the first major readings on China's economy for September confirm consensus views that the world's second-largest economy is continuing to cool, which is likely to prompt Chinese policymakers to roll out more growth-support measures in coming months.Some cushion for the slowing economy might come from services, which account for more than half of China's economy.Tang of Bank of Communications said he expects China's economic growth to slow to 6.6 percent in the third quarter from 6.7 percent in April-June.Washington slapped tariffs on $200 billion worth of Chinese goods on Sept. 24 and is threatening to impose duties on virtually all of the goods China exports to the United States.
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